Trump Grenade Triggers Massive Stocks Sell; Bitcoin Price Slumps to $5,600

By CCN.com: In the last 24 hours, following a strong week, the bitcoin price slipped by around $157, dropping by nearly two percent against the U.S. dollar amidst an insense stocks sell-off. The Dow Jones is set to open with a 500-point drop after U.S. President Donald Trump announced the imposition of additional tariffs on $200 billion worth of Chinese goods, leading both the U.S. and Chinese stock markets to plunge. A slight correction in the crypto market occurred simultaneously as stocks declined substantially in value, raising questions on the correlation between crypto and stocks. Will Global Uncertainty Lead to

The post Trump Grenade Triggers Massive Stocks Sell; Bitcoin Price Slumps to $5,600 appeared first on CCN

Source: https://www.ccn.com/trump-grenade-triggers-massive-stocks-sell-bitcoin-price-slumps-to-5600

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