Traders

Bitcoin drops more than 5%, giving back all of its new year gains as traders stay on ETF watch

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Bitcoin tumbled on Wednesday, giving back all of its gains from the rally earlier this week. The price of bitcoin was last lower by 5.5% at $42,422.84, according to Coin Metrics. On Tuesday it climbed as high as $45,913.30, its highest level since April 2022. The drop followed Nasdaq’s worst day since October, as traders … Read more

Foreign money merchants bracing for Erdogan election chaos

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Turkish flag over a DenizBank constructing. Turkey is anticipated to move to the polls on Sunday. Ismail Ferdous | Bloomberg | Getty Photographs The Turkish lira is already going through a number of the most unstable circumstances throughout world foreign money markets within the run-up to the nation’s landmark elections this weekend, with merchants predicting … Read more