5 years ago
Stocks Are Tumbling, But Bitcoin Is Up 30% In One Week
While stocks are showing considerable volatility as the U.S. and China begin rattling their trade sabers again, cryptocurrencies are getting a second life with investors. The Dow Jones Industrial Average has oscillated up and down for the past five days, ultimately losing roughly 1,000 points. On Monday, as China announced plans to raise tariffs on $60 billion worth of U.S. goods, the Dow was down a whopping 562 points, as of 10:55am ET.
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