Reuters The cryptocurrency market added $13 billion in value over the past day as bitcoin jumped more than 6% Thursday evening. Bitcoin has rallied more than 100% from its March 16 low and has eclipsed $10,000 for the first time since February. The three major reasons for the move include …
Read More »From precious metals to loans on the brink of default: Investors are flocking to these assets after the coronavirus market meltdown
Mike Segar/Reuters Periods of widespread selling and cash-hoarding shifted the sands of the investing landscape to reveal new opportunities. Several of Wall Street’s biggest firms are raising billions of dollars to pile into distressed debt, viewing the Federal Reserve’s relief measures as a backstop for ailing corporations. Significant spending on …
Read More »