Bitcoin Extends Drop After One of Crypto’s Worst Weeks of 2024

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Bloomberg

(Bloomberg) -- Losses are piling up in crypto after the digital-asset market’s second-worst weekly drop of 2024, a reflection of cooling demand for Bitcoin...

-- Losses are piling up in crypto after the digital-asset market’s second-worst weekly drop of 2024, a reflection of cooling demand for Bitcoin exchange-traded funds and uncertainty over monetary policy.Hedge Funds’ Bullish Copper Bets Run Into China’s Slowdown

The current crypto market dynamic is “characterized by low volatility, soft volumes, and orderbooks getting unbalanced when prices start to move to the edges of their range,” David Lawant, research head at FalconX, wrote in a note. Bitcoin hit a record of $73,798 in March and but is trailing traditional assets such stocks, bonds and gold this quarter.Canadian investors can consider holding dividend stocks and supplement their CPP and RRSP payouts in retirement. The post Here’s the Average RRSP Balance at Age 65 and 71 in Canada appeared first on The Motley Fool Canada.

Stocks are in the midst of a decade-long bull market that will take the S&P 500 more than 40% higher, Ed Yardeni predicted.Canada's record growth in population continues with an additional one million 3 hundred and forty-eight thousand added in the last 12 months, which adds to the worries about housing and health care.

 

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