US Stock Market Experiences Drastic Trend Reversal While Crypto Plunges

Over the past eight hours, the U.S. stock market demonstrated one of the most drastic trend reversals of 2018. Meanwhile, more than $16 billion was wiped out of the crypto market. Throughout the past 48 hours, the U.S. stock market and the Dow Jones seemed to be experiencing a steep decline in value, as the The post US Stock Market Experiences Drastic Trend Reversal While Crypto Plunges appeared first on CCN

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Tom Lee: Bitcoin to Hit $20k in 2018 Despite Struggle of Emerging Markets

Fundstrat’s Tom Lee, a Bitcoin permabull known for his optimistic price targets for the dominant cryptocurrency, has said that Bitcoin will likely end the year explosively higher possibly at $20,000. In an interview with CNBC, Lee stated that over the past year, Bitcoin, which has failed to show a correlation with the broader financial market The post Tom Lee: Bitcoin to Hit $20k in 2018 Despite Struggle of Emerging Markets appeared first on CCN

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