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Bitcoin Rebounds as Coronavirus-Infected Stocks Get Jolt From Fed, BOJ

On Mar 2, 2020
@coindesk shared
Bitcoin jumped the most in two weeks Monday, surging alongside U.S. stocks amid speculation the Federal Reserve and other central banks will support markets as the coronavirus spreads. Report by @Liqquidity: https://t.co/hlh2zdv56Z
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Bitcoin jumped the most in two weeks Monday, surging alongside U.S. stocks amid speculation that the Federal Reserve and other central banks will support markets as the coronavirus spreads.

www.coindesk.com
On Mar 2, 2020
@coindesk shared
Bitcoin jumped the most in two weeks Monday, surging alongside U.S. stocks amid speculation the Federal Reserve and other central banks will support markets as the coronavirus spreads. Report by @Liqquidity: https://t.co/hlh2zdv56Z
Open

Bitcoin Rebounds as Coronavirus-Infected Stocks Get Jolt From Fed, BOJ

Bitcoin jumped the most in two weeks Monday, surging alongside U.S. stocks amid speculation that the Federal Reserve and other central banks will support markets as the coronavirus spreads.

Bitcoin Drops 2% Following Fed’s First Emergency Rate Cut Since 2008

Bitcoin prices slid Tuesday after the U.S. Federal Reserve announced an emergency cut in interest rates to counteract risks to the economy from the spreading coronavirus.

Rebound rumbles on as G7 send support signal

Global stocks and commodity markets extended a tentative recovery from their cor...

Tokyo falls back, other Asian markets track Wall St gains

TOKYO (AP) — Shares in most Asian markets tracked overnight gains on Wall Street, but Tokyo's benchmark fell back Tuesday as gnawing concerns over the virus outbreak chilled buying ...

Coronavirus Tests Limits of Central Bank Firepower

Investors are looking to the Federal Reserve and its peers as markets swoon and infections rise. They’re short on ammunition.

At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows

In a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, which sparked a domino effect of monetary easing.

IBM Survey: No Major Central Bank Will Implement CBDCs in the Near-Term

IBM and the Official Monetary and Financial Institutions Forum (OMFIF) have conducted a report on central bank digital currencies only to find that "61 percent of central banks said a ...

US Federal Reserve is ‘doing a fine job,’ IMF’s Zhang says

The U.S. Federal Reserve has come under fire in recent months for not lowering interest rates but the IMF's deputy managing director defended the central bank policy stance.

As Fed Contemplates Coronavirus-Prompted Easing, Bitcoin Traders Bet on Halving

Investors are betting the Fed will quickly slash rates amid coronavirus jitters. Whether they turn to bitcoin as a crisis hedge remains to be seen.

Fear of Facebook spurs calls for Fed to build rival digital currency

The head of the Bank of England has floated the idea that central banks could create a network of digital currencies to replace the dollar as the world's reserve currency. Those discussions ...

Fund Manager: Bitcoin Becoming a Hedge Against ‘Irresponsible’ Banks

Fund manager Travis Kling believes that more people are becoming open to the idea of Bitcoin being a haven from central banks' "irresponsible" monetary Fund manager Travis Kling believes ...

Coronavirus will force Fed rate cut: El-Erian

Mohamed El-Erian says the Fed will cut rates, but restoring confidence is what's needed most.

Markets are swinging wildly. Here's what you need to know

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