Express

Week Ends with a Bitcoin Rally and Stock Market Flat

Yiran Dai

Summary: Bitcoin has spiked for more than 10% this week after its Monday downswing. According to Bitpush Market Data, Bitcoin has surged to $7,513 at the moment of writing. Meanwhile, the stock market has witnessed a flat performance.

Bitcoin has spiked for more than 10% this week after its Monday downswing. According to Bitpush Market Data, Bitcoin has surged to $7,513 at the moment of writing. Meanwhile, the stock market has witnessed a flat performance. S&P 500 Index ends on Friday with a number similar to that when the week began, after some minor fluctuation.

After President Trump signed the $484 billion coronavirus stimulus bill into law earlier today, the stock market has seen a rise. However, crypto expert, Marcus Swanpoel, CEO of cryptocurrency exchange Luno, said the relief package might not cast much influence on Bitcoin, according to Bitcoin News.

By Yiran Dai

Last Update:

Tags: ,
Link: Week Ends with a Bitcoin Rally and Stock Market Flat   [Copy]
Next:

Related Articles

  • Why a "One-Size-Fits-All" Approach to Stablecoin Issuance Fails Given Diverse Fiat Curr... 15 hours ago
  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 6 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 7 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 17 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 19 days ago

    • You need to login to comment.