Bitcoin, the best known of hundreds of 'virtual' coins, slumped on Tuesday, January 16, to a 6-week low below $12,000 as analysts blamed a rush by various jurisdictions to regulate the sector.
The final weeks of last year were marked by bitcoin mania as the unit topped $20,000, but it lost some 20% in Tuesday trading which saw most ofRead more
European stock markets struggled Thursday as investors paused for breath, while bitcoin spiked to a dizzying record above $15,000 on frenzied speculative buying, dealers said.
Frankfurt and Paris stocks crept higher in late morning deals but London turned flat on the stronger pound.
However investor focus was on bitcoin, which is not traded on traditional currency markets and hit aRead more
Eurozone stocks slid Friday on the strong euro while the Dow turned lower after news a former senior advisor to US President Donald Trump pleaded guilty to lying to the FBI as part of the Russia probe.
As the euro pushed higher, leading eurozone indices slumped following the recent run higher for the single currency.
Eurozone "equity markets are payingRead more
Eurozone stocks pulled back on Wednesday ahead of an ECB meeting likely to cut market stimulus, while a stronger pound hammered London's FTSE 100. Britain's GDP grew 0.4 percent in the third quarter, slightly outperforming expectations. The pound, which has been under pressure over suggestions that a hike in interest rates may be delayed, spiked after the positive GDP results,Read more