Bitcoin made a 16-month low and tested key US$60 000 support on Friday as a global selloff in technology stocks deepened and washed out risky bets across asset classes. The world’s largest cryptocurrency was last up 1.64% at $64 153.24 in volatile trade, swinging between gains and losses after having hit a low of $60 008.52 earlier in…
Bitcoin lost 35.36% in value over the past 90 days. (Graphic: Nicola Mawson | Freepik) Bitcoin has recovered some of its recent losses, climbing 5.54% early this morning after a rout that saw it lose 35.36% over the past 90 days – a decline of $36 210 (R588 438) at this morning’s exchange rate of…
The world’s most popular cryptocurrency has lost about one-third of its value since the start of the year. Published On 6 Feb 20266 Feb 2026 Click here to share on social media share2 Share Bitcoin has fallen sharply, racking up more losses after a tumultuous week for the world’s most popular cryptocurrency. The digital currency…
Rio Tinto and Glencore are back in talks about a possible $260 billion megadeal Rio Tinto LONDON — European stocks were higher on Tuesday as global markets settled following a short-lived sell-off in cryptocurrencies and precious metals. By 1:00 p.m. in London (8:00 a.m. ET), the pan-European Stoxx 600 was 0.1% higher, with most sectors…
LONDON — European stocks are expected to open in negative territory as concerns over artificial intelligence and volatility in precious metals haunt global markets. The U.K.’s FTSE index is seen opening 0.5% lower, Germany’s DAX down almost 1%, France’s CAC 40 down 0.8% and Italy’s FTSE MIB also down by a similar amount, according to data…
Bitcoin signage in Times Square in New York, Dec. 9, 2025. Michael Nagle | Bloomberg | Getty Images Bitcoin, Ethereum, and Solana slumped on Saturday as retail traders digested a busy market week that saw wild swings in commodities and a long-awaited announcement by President Donald Trump on his choice for the next Federal Reserve…
Some governments may in future enforce restrictions, tax implications, or bans on Bitcoin usage, warn experts. As global economic pressures persist and digital innovation reshapes financial infrastructure, Bitcoin has emerged in South Africa not only as an investment asset but increasingly as a practical financial tool. From individual savers hedging against currency uncertainty, to merchants…
Bitcoin turned 16 this year. (Picture: Freepik.) Geopolitical events throughout 2025 – such as US president Donald Trump’s election win and the subsequent implementation of trade tariffs – may have been market-moving catalysts, but their impact on Bitcoin as an investment play hasn’t been binary. Bitcoin climbed to a record high of about $126 000…
Cryptocurrencies were caught in a broad flight from risk assets on Friday, sending bitcoin and ether to multi-month lows as worries persisted about lofty tech valuations and bets on near-term Federal Reserve policy easing faded. Bitcoin, the world’s largest cryptocurrency, fell 2.1%, breaking below US$84 000 to hit a seven-month trough of $83 447.07 in Asian trading….
Deven Moodley, executive head: VAS, FS and mobile at Pick n Pay. Pick n Pay customers collectively spent a monthly average of R1.4 million in crypto-currency over the past 12 months, across its retail stores nationwide. According to the retail giant, Bitcoin payments are following mainstream retail trends, as more crypto holders are now using…
