Bitcoin fell nearly 6% in the past 24 hours to trade below $86,000 level on Monday amid a broad market sell-off after holding the range around $91,000 in the last week. The cryptocurrency was seen trading at $85,778. In the past 24 hours, Ethereum fell 5.85% to $2,814, while major altcoins such as XRP, BNB,…
A gauge of global equities held firm after four days of gains, following a recovery fueled by bets that the Federal Reserve will cut interest rates faster than previously thought. The MSCI All Country World Index was little changed after trimming its drop for November to 0.4% in the prior sessions. The gauge had been…
The dollar slipped on Friday as a data-heavy week wound down, keeping the case for a September Federal Reserve interest rate cut intact, while traders awaited talks in Alaska between U.S. President Donald Trump and Russian leader Vladimir Putin regarding Ukraine. The dollar, which had jumped on Thursday as data showed U.S. producer prices increased…