Business

Nightmare weekend for crypto as markets crumble

CRYPTOCURRENCIES suffered a nightmare weekend across the board as what looked like a storming bull market stalled and crashed. Bitcoin – riding high on Friday – collapsed with a dramatic $ 500 loss after a hard-fought and steady build-up over the psychological $ 10,000 barrier was left in tatters. Daily Express :: City and Business Feed

Pound US Dollar exchange rate: GBP/USD flat as Covid-19 appears to be a ‘long-term issue’

The pound remains flat against the dollar following China’s announcement of further stimulus, leaving the pairing trading at around $ 1.302. While the pound dipped from its recent highs before the weekend the US dollar remained supported despite Friday’s mixed US data, which showed that core retail sales stagnated in January while industrial production remained weak. Daily Express :: City and Business Feed