reel - eriinfo

Crypto markets reel as bitcoin slides

eriinfo.com3 weeks ago04 mins

Bitcoin was on the cusp of breaking below the key US$70 000 level on Thursday as a slide in the world’s largest cryptocurrency showed no signs of stopping. Bitcoin fell 2% in early European trade, having dropped as much as 3.5% earlier during the Asian session to $70 052.38, its lowest level since November 2024. Ether, meanwhile,…

From stocks to crypto, markets reel as AI doubts grow

eriinfo.com4 weeks ago05 mins

Global markets retreated on Friday as a stock rout on Wall Street went global, with volatility gripping precious metals and cryptocurrencies while AI fears weighed on equities. The MSCI All-Country World Index rallied off intra-session lows to trade flat, but the benchmark was still on track for its worst weekly performance since mid-November, with a…