Monday, January 11, 2021

Bitcoin Slides 12 Percent Amid Rising US Dollar

Cryptocurrencies plunged with bitcoin dropping more than 12 percent and ethereum 20 percent as rising US bond yields lifted the dollar broadly and hurt other safe assets that pay no income. Bitcoin fell as far as $33,447, its lowest since January 6.

from Gadgets 360

No comments:

Post a Comment

Apple Considering Using AI to Design its Chips, Technology Executive Says

Apple is interested in tapping generative AI to help speed up the design of the custom chips at the heart of its devices. Johny Srouji, Appl...