Dow Jones, Bitcoin Price Rallies in Jeopardy as US Stock Market Sends Mixed Signals

The US stock market is taking an uneven path on Thursday morning, with the Dow suffering triple-digit declines while tech stocks rise. The cryptocurrency market is almost universally sour, however, as traders continue to wrestle with that is now the longest-ever bear market for the bitcoin price. Dow Risks Fall Back Below 25,000 The Dow had stomped to a monster 435 point gain on Wednesday as the stock market rode the wave of continued Federal Reserve patience on interest rate hikes, as well as positive earnings reports from major firms including Apple and Boeing. That bullish sentiment did not carry

Dow Jones, Bitcoin Price Rallies in Jeopardy as US Stock Market Sends Mixed Signals by CCN

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Bitcoin Today: Prices Rally Toward $7000 Amid Mixed Sentiment

Analysts as Bank of America/Merrill Lynch said in a note that bitcoin is one of the "greatest asset price bubbles in history," according to Coindesk. Analysts said that given bitcoin's 60% correction already in 2017, the bubble is already popping. BofA compared bitcoin to other great bubbles in history – U.S. …
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