Tag Archives: ThreeWeek

Asian crypto stocks plunge as Bitcoin drops to three-week low

Asian crypto stocks plunge as Bitcoin drops to three-week low

Asian cryptocurrency stocks took a beating on Feb. 3 as Bitcoin fell as far as $91,163, its lowest level in over three weeks, while altcoins led a broad market sell-off. Japan’s Metaplanet, often likened to MicroStrategy for its Bitcoin (BTC) treasury policy, closed the trading day down 9.44% on the Tokyo Stock Exchange. SBI Holdings, one of Japan’s biggest crypto …

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When Will Dow’s Three-Week Losing Streak End?

When Will Dow’s Three-Week Losing Streak End?

Last Friday, the Dow Jones Industrial Average (DJI) gained 498 points. But this 1.18% rally was not enough to end the index’s three-week losing streak. Investors did not experience an unusually long downtrend since the 1970s. When will this negative streak end? Will a Santa Claus rally happen this week to help? On Friday, the government posted that …

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