Bitcoin Retreats After Briefly Passing $25,000

Bloomberg Markets and Finance published this video item, entitled “Bitcoin Retreats After Briefly Passing $25,000” – below is their description.

Bitcoin rose above $25,000 for the first time since mid-June on Sunday as momentum builds for cryptocurrencies following lower-than-expected US inflation data. Emily Nicolle reports on Bloomberg Television.

Bloomberg Markets and Finance YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - Bloomberg Markets and Finance

Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Bloomberg Books #Ad

Recent from Bloomberg Markets and Finance:

What to Watch for in the US Jobs Report

Pakistan Sees Economic, Health Emergency in Floods’ Wake

Global Food Prices Fall for a Sixth-Straight Month

In This Story: Bitcoin

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

4 Recent Items: Bitcoin

Bitcoin Finds Resistance at $20K as Stock Market Falls

Stock Market Coverage – Friday October 7 Yahoo Finance

All About Bitcoin

Crypto: Bitcoin hovers above $20,000 ahead of jobs report

In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

1 Recent Items: Inflation

Pakistan Sees Economic, Health Emergency in Floods’ Wake

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.