Bitcoin has fallen below its 50-day average of around $65,800, an important support level, signaling a potential correction of 8% to 12%, according to analysts at CryptoQuant. The coin may decline toward $60,000, the analysts noted.
The next global pandemic is likely to be far worse than the COVID-19 crisis for one tragic reason, according to the infectious-disease expert who was the face of the U.S. government’s public-health response to the pandemic.
Nvidia’s blistering rise through the ranks of the largest U.S. companies is set to culminate Tuesday with the chip maker taking over the title of most valuable.
St. Louis Federal Reserve Bank President Alberto Musalem, in his first speech in his new role on the economy, said it could take months or even longer for conditions to emerge that would warrant cutting interest rates.