Market News

Bitcoin Breaks Below $50,000

Bitcoin Breaks Below $50,000


Gold Hits Eight-week High


Gold was up in Asia on Thursday morning, hitting an eight-week high thanks to a weaker USD and dropping U.S. Treasury yields, which are still near multi-week lows.

Oil Prices Decline


Oil prices went down on Wednesday after some of the year's robust gains. It is due to concerns over a rise in COVID-19 case numbers in India and revived concerns regarding oil demand. 

Bitcoin Goes Down


Since February, bitcoin prices went into correction territory on Sunday.
It is the sharpest drop for digital currency.

Europe Car Sales Go Up


On Friday, the European Automobile Manufacturers’ Association announced that European auto sales soared last month. After the lower level in 2020, it rose by 63%.

Coinbase Went Public


Coinbase went direct public, the listing of its shares headed for a valuation of $100 billion. Coinbase is the biggest U.S. digital-asset exchange company.

Banks Earnings are on Watch


The first quarter of the earnings season will begin with banks that have seen the biggest profits. The financial sector saw the second-largest increase in 11 sectors of the S&P 500.