Tag Archives: Tumbling

Bitcoin (BTC-USD) reached an all-time high Tuesday before falling back as some investors locked in their winnings. A new frenzy surrounding the world’s largest cryptocurrency pushed the price to to $68,869, exceeding the previous high of $68,789 established on Nov. 10, 2021. Then it tumbled below the $60,000 level again in a matter of hours. The new high reinforced a remarkable comeback for bitcoin following a 2022 crash that created huge losses for investors and triggered the downfall of… Source link

AT&T Inc (NYSE: T) is trading lower Monday after Barclays analyst Kannan Venkateshwar maintained the stock with an Equal-Weight rating and lowered the price target from $34 to $30. The Barclays analyst cited challenging technicals as a result of the equity performance at Discovery Inc (NASDAQ: DISCA), which AT&T will be merging its media business with. AT&T was among the top three trending stocks on Stocktwits at publication time. AT&T is set to announce its third-quarter financial results… Source link

(Bloomberg) — Tesla Inc.’s Chief Executive Officer Elon Musk said the electric-vehicle manufacturer is suspending purchases using Bitcoin, triggering a slide in the digital currency. In a post on Twitter Wednesday, Musk cited concerns about “rapidly increasing use of fossil fuels for Bitcoin mining and transactions,” while signaling that Tesla might accept other cryptocurrencies if they are much less energy intensive. He also said the company won’t be selling any of the Bitcoin it… Source link