slide

Bitcoin is having its worst week since November due to an equity selloff, fear over higher interest rates and an escalating US regulatory crackdown on crypto.

Bitcoin fell as much 2.1% on Friday in Asia, breaking below dollar 20,000 for the first time since January, after it fell more than 8% on Thursday.


A rout in US bank stocks on Thursday stoked concerns that rising borrowing costs is creating a treacherous economic and investing outlook.

In New York, the state regulator sued KuCoin, a popular crypto exchange, and in the process claimed in court that second-largest token Ether is a security.


The US Securities & Exchange Commission also contends that many cryptocoins are securities, a designation that would potentially make them harder to trade.

China-born crypto mogul Justin Sun, an adviser to Huobi, said it will set up a dollar 100 million fund to improve the platform’s multi-currency liquidity.

Bitcoin has shed about 11% so far this week, the most since a 23% weekly tumble in November amid the collapse of Sam Bankman-Fried’s FTX platform.


Bitcoin is now hovering just above its 200-day moving average, which analysts see as an area that could stem its fall.

Click here to know more about why bitcoin falls below 20,000 dollars. 

Check here for more market-related stories.  

Bitcoin falls below 20,000 dollars; Find out why!

The largest token fell as much 2.1% on Friday in Asia, breaking below $20,000 for the first time since January, after it fell more than 8% on Thursday.

Rupee falls 8 paise to 82.14 against US dollar in early trade

Sensex, Nifty plunge over 1% as IT, financial shares drop

Bitcoin falls below $20,000; Here's the reason

Syrma SGS Tech: This newly listed stock is trading 28% above its IPO price; will the momentum continue?

Equity better than fixed-income assets in long term; use corrections to raise allocation, says Sachin Trivedi of UTI AMC

Stocks To Watch: IRB Infrastructure, NBCC, Dredging Corporation, PNC Infratech, PSP Projects are stocks in news today

Before Market Opens: 9 things to know at 9 am on March 10, 2023

Sebi introduces reward mechanism for informants providing tips on defaulters

Bitcoin steadies near lows hit after fall of Silvergate

Stock Check: JSW Infra jumps almost 100% from IPO price in 5 months; should you still buy?

Currently trading at around  <span class='webrupee'>₹</span>236, the newly listed JSW Infra has surged almost 100 percent jump from its IPO price of  <span class='webrupee'>₹</span>119 in less than 5 months. Technical and fundamental experts suggest if you should still buy the infra stock.

Axis Mobile App ranks top position on NPS leaderboard

According to a survey, Consumer awareness was most notable for payment platforms such as Paytm, Google Pay, and PhonePe. However, when it comes to Net Promoter Score, Axis Mobile App claims the top position with a score of 59, followed by ICICI Bank's iMobile Pay, and then BHIM.

Weekend Wrap: From Trent to Adani Power, top news and market movers this week: 27 October 2023

The stock market cycle is always a few months ahead of the economic cycle.

From top news makers to market performance, here's the market wrap for the week ended 27 October 2023.

Why rebalancing a portfolio provides a safety net against volatility?

Investing isn't a 'set it and forget it' game.

Rebalancing a portfolio provides a safety net by helping control volatility and minimizing the impact of market downturns, even though it may not always yield higher returns compared to an unbalanced, equity-heavy approach

Rebalancing of portfolio: What is it and why is this important?

Whenever the market spikes or declines, investors are supposed to rebalance their portfolio strategically in order to stay aligned to their financial goals

Bitcoin falls below 20,000 dollars; Find out why!

The largest token fell as much 2.1% on Friday in Asia, breaking below $20,000 for the first time since January, after it fell more than 8% on Thursday.

Topics to follow