4 hours ago
Bitcoin trades near $65,000 after halving
Bitcoin prices were little changed Sunday night, hovering around $65,000.
This is close to the level the largest cryptocurrency was on Friday before the so-called “halving” that reduced rewards to miners and delayed the issuance of Bitcoin.
Bitcoin prices have risen during previous halvings, but some experts say the cryptocurrency has the potential for a short-term decline.
See chart…
Bitcoin prices were relatively calm over the weekend after the cryptocurrency “halved” again.
— Jesse Pound, Tanaya Machel
5 hours ago
futures open up
Three major futures stocks rose as New York trading opened at 6 p.m. Dow futures rose 100 points at one point.
— Jesse Pound
5 hours ago
Last week’s review
Here are the key averages after Friday’s tech market decline:
- On Friday, the S&P 500 fell 0.88%, marking its sixth consecutive negative session.
- The S&P 500 ended the week down 3.05%.
- The Nasdaq Composite Index fell 2.05% on Friday, marking its sixth consecutive negative session.
- The Nasdaq Composite ended the week down 5.52%.
- On Friday, the Dow Jones Industrial Average rose 211 points, or 0.56%, for its second straight positive session.
- The Dow ended the week up 0.01%.
— Jesse Pound, Christopher Hayes
