The world’s largest cryptocurrency Bitcoin (BTC) smashed through important $20000 for the first time on Wednesday. The popular digital currency jumped almost 4.5% to move as high as $20,440. It has gain more than 170% this year, buoyed by demand from large investors attracted to its potential for quick gains, purported resistance to inflation and expectations it will become a mainstream payment method.
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New Delhi: The Enforcement Directorate (ED), on Friday, has arrested a cryptocurrency trader Naisar Kothari in connection with its money laundering prove linked to an online Chinese betting scam and International Hawala case of over Rs.1,100 crore.
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U.S retail sales and factory output registered the huge drawback on record in April amid novel coronavirus pandemic . This new data illustrating a recession that it will likely takes years to fully recovery. US Retail Salas data declined significantly and it’s indicating how Wuhan virus is curtailing consumer spending , which is the main driver of the U.S economy .
The Dow Jones Industrial Average fell yet again Wednesday Morning after staging short covering rally a day earlier. Just on Monday , the stock market had its worse drop since 2008 amid fears that the growing coronavirus epidemic would push the global economy into recession . Today, in early morning trade , DJIA down 1005 points (4.02%) . The S$P 500 and the NASDAQ were down more than 3.5% .
The Dow Jones Industrial Average plummeted more than 900 points on Friday, as financial markets continue to plummet on uncertainty over the spread of the novel coronavirus. Concerns about the spread of the disease and a global financial slowdown are driving deep dips in the stock market. The Dow suffered its worst week since the financial crash of 2008.
 smashed through important $20000 for the first time on Wednesday.){kind=link}
