World stocks generally up but cryptos still under pressure
Cryptocurrencies bounce back slightly after their crash earlier in the week, as the dollar stalls on talk of support tapering off
20 May 2021 - 11:56
London — Europe’s stock markets saw a tentative rebound on Thursday and bitcoin bounced more than 10% after one of its spectacular smashes, though tapering talk from the US Federal Reserve kept bond markets under pressure.
After Wednesday’s drama saw the main cryptocurrencies shed almost a third of their value at one point and the Stoxx 600 suffer one of its worst sell-offs of the year, traders are now watching a recovery unfold...
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