Text size Bitcoin, Ether, and other cryptos have plunged in the past week. Stocks have suffered, too. Dreamstime A cryptocurrency crash has already wiped out $600 billion in digital asset market value...
Tag: Foreign Exchange Markets
Euro to hit parity vs. the dollar this year, Europe’s largest fund manager says
The chief investment officer of Europe’s largest fund manager expects the euro to fall to parity against the dollar. Vincent Mortier, the chief investment officer at Amundi, told the FT that the euro ...
Mark Cuban: ‘Crypto is going through the lull that the internet went through’
Billionaire entrepreneur Mark Cuban thinks that cryptocurrency is on the same downswing that tech and internet companies hit in the early 2000s. Bitcoin hit a 10-month low as U,S. stocks continued to ...
Bitcoin Keeps Plunging With No Sign of Stopping. Where the Bottom May Be.
Cryptocurrency prices tumbled over the weekend and into Monday, with Bitcoin nearing a yearly low as investors continued to dump risky assets amid a tough stock market and challenging macroeconomic ba...
After a wild week on Wall Street, stock futures slump Sunday
After a volatile week, Wall Street is bracing for more losses as U.S. stock-index futures fell sharply late Sunday. Dow Jones Industrial Average futures YM00, -1.08% were last down more than 300 point...
Bitcoin Falls to Half Its Peak as Investors Shun Risk
The cryptocurrency’s market tumble over the weekend echoed the broader stock market’s decline last week as investors moved away from riskier assets. Dreamstime Text size The price of Bitcoin fell 5.3%...
Crypto Prices Slump Over the Weekend
The decline of bitcoin, the world’s largest cryptocurrency, mirrored the slide of the overall stock market. Photo: Kin Cheung/Associated Press The cryptocurrency market fell over the weekend, mirrorin...
Dollar Strength Bucks Inflation Woes
Years ago, high U.S. inflation meant a weak dollar. So far, it is different this time, and many on Wall Street are betting it will stay that way. The dollar is reaching multidecade highs against its t...
Strong Dollar Aids U.S. Inflation Fight, Adds to Price Pressures Abroad
Text size Chinese 100 yuan bank notes. Paul Yeung/Bloomberg While your attention probably was focused on that big takeover of a certain social-media site, the gyrations in the global currency markets ...
‘So bad, it’s good.’ This beleaguered stock market has one big asset on its side, say strategists.
A rough month for stocks is drawing to a close, and many investors likely won’t be sad to see the back of it. And the last day of April trade is looking weak as Apple and Amazon failed to raise the ba...
Opinion: Why I don’t want bitcoin in my 401(k)
Hooray! At long last, the company managing my 401(k) plan will allow me to bet up to 20% of my retirement funds on a digital Ponzi scheme that generates no income and has no practical use. Fidelity In...
Bitcoin Prices Fall as Crypto Market Slammed by Hawkish Fed Expectations
Bitcoin and other cryptocurrencies dropped Monday as expectations that the Federal Reserve will move aggressively to tighten monetary policy continued to rock the digital asset space. Bitcoin fell mor...
Why did the stock market fall? Dow finishes nearly 1,000 points lower in worst day since October 2020
U.S. stocks fell sharply on Friday to suffer their biggest one-day drop since 2020, as investors continued to weigh hawkish comments on interest rates a day earlier by Federal Reserve Chairman Jerome ...
Bitcoin Prices, Other Cryptos Fall—and Why One Trader Sees a Tumble to $30,000
Text size Bitcoin and the rest of the crypto space has come under pressure amid a shift in Fed policy. Rutmer Visser/Dreamstime Bitcoin and other cryptocurrencies slipped lower on Monday, continuing t...
Millennials have solved the retirement crisis
Wow. It looks like millennials have totally solved the retirement crisis. And it turns out it was a lot easier than anyone realized. The solution? Cryptocurrencies, of course. A new survey of 4,000 pe...
Cardano leads rises as largest cryptocurrencies start mixed
The largest cryptocurrencies were mixed during morning trading on Monday, with Cardano ADAUSD seeing the biggest move, rising 2.96% to $1.21. Polkadot DOTUSD led the decreases with a 2.79% drop to $22...
Want to Add Crypto to Your Retirement Portfolio? Here’s How, and What to Consider.
With many cryptocurrencies surging last year as the overall market surpassed $3 trillion in value, a growing number of retirement savers are looking for ways to tap into the potential. Before joining ...
Bitcoin and Ether Prices See Worst Day in Weeks. Dogecoin and Shiba Inu Tumble.
Text size Bitcoin falls but holds above the key technical level of $45,000. Dreamstime Bitcoin and other cryptocurrencies fell Friday, with some of the largest digital assets recording their worst per...
Ethereum’s major upgrade is coming. Should you be more bullish on it than bitcoin?
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest an...
Bitcoin Prices Steady After Crypto Heist. A Prominent Whale Is Getting Bigger.
Text size Bitcoin prices have held onto recent gains. Rutmer Visser/Dreamstime Bitcoin and other cryptocurrencies were mostly steady on Wednesday, holding onto recent gains and shaking off pressure on...
Coinbase Stock Is Popping. What a Rally in Bitcoin Means.
Stock in the cryptocurrency exchange Coinbase surged on Monday, rallying alongside Bitcoin, ether, and other digital assets. Analysts see more room for gains. Coinbase (ticker: COIN) shares jumped 7% ...
Bitcoin Mining Stocks Look Cheap. Why Investors Are Still Skeptical.
Text size Costs per Bitcoin mined range from $4,500 to $16,000 across the industry. Dreamstime A recovery in the price of Bitcoin should fuel gains for mining companies that process transactions on th...
Bitcoin rallies after Russia hints at using crypto with $50,000 seen possible on short covering
Bitcoin on Friday briefly traded above $45,000, a psychological level, as financial institutions pushed further into the digital asset space, while Russia hinted at the possibility of accepting bitcoi...
Bitcoin Prices Are ‘On the Verge of a Major Breakout’
Text size The prices of Bitcoin and other digital assets rise Friday. Dreamstime Bitcoin and other cryptocurrencies moved higher on Friday, boosted by the return of risk appetite among investors and a...
It’s the beginning of the end of globalization, say BlackRock’s Larry Fink and Oaktree’s Howard Marks
“The magnitude of Russia’s actions will play out for decades to come and mark a turning point in the world order of geopolitics, macroeconomic trends, and capital markets.” That was Larry Fink, CEO of...
Bitcoin Is Bouncing but Ether Is Soaring. This Is Why.
Text size Cryptocurrencies are gaining as investors return to high-growth “risk assets.” Dreamstime Bitcoin has perked up, gaining 8% to roughly $42,600 in the past week. But Ether, the se...
Financial Face-Off: Should you use your tax refund to buy I bonds or crypto? One of these options could get a 9.6% return. Let us explain.
Hello and welcome to Financial Face-off, a MarketWatch column where we help you weigh financial decisions. Our columnist will give her verdict. Tell us whether you think she’s right in the comments. A...