
Bitcoin Falters for a Second Day, Slides Below Technical Level
Bitcoin’s torrid rally has lost some steam this week, with the cryptocurrency falling for a second straight day Thursday to slip below its 10-day moving average.
Bitcoin’s torrid rally has lost some steam this week, with the cryptocurrency falling for a second straight day Thursday to slip below its 10-day moving average.
India’s benchmark S&P BSE Sensex index climbed above 50,000 points for the first time as the gauge extended its longest weekly winning streak in over a decade.
The Bank of Japan stood pat on its massive easing program while taking a gloomier view of the current state of the economy amid rising virus cases and a widening state of emergency.
Gold held gains after surging on Wednesday as the dollar extended declines and Joe Biden was sworn in as U.S. president, with investors looking ahead to the potential delivery of more fiscal stimulus. Silver was also in focus after global exchange-traded fund holdings hit an all-time high.
Bets on the Indian rupee’s rebound this year are already facing headwinds.
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