Bitcoin Finds a Bottom as Risk Aversion Grips Global Markets via @bloomberg | Investitute

Bitcoin Finds a Bottom as Risk Aversion Grips Global Markets via @bloomberg

According to Bloomberg, “Bitcoin clawed its way back from the four-month low of $5,922 it touched on Tuesday, rebounding 53 percent to $9,069. The S&P 500 Index and the Dow Jones Industrial Average both fell more than 5 percent this week, wiping out gains for the year. Emerging markets stocks and currencies also plunged, while shorter maturity U.S. Treasuries climbed as investors fled from risky assets to safe-havens.”

Read the Full Story at Bloomberg.com

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