The price of bitcoin has dropped below $20,000 (£16,400) For the first time since December 2020. Bitcoin has already lost more than 70% of its value since its all-time high last year. The price of bitcoin has dropped below $20,000 (£16,400) as the cryptocurrency market continues to deteriorate. According to CoinDesk, the key digital asset … Read more
LONDON: World oil prices fell by more than 5 per cent on Monday, as energy demand fears grew over the fast-spreading Omicron coronavirus variant. In morning deals, Brent North Sea crude tumbled 5.1 per cent to $69.79 per barrel and New York’s West Texas Intermediate oil lost 5.7 per cent to $66.84. The rapid spread … Read more
LONDON: Global stock markets rebounded on Wednesday and oil prices surged; following Omicron-driven losses and on the eve of a key output meeting of Opec and its allies. The European equities advanced, mirroring most rebounding Asian bourses, as dealers temporarily set aside news of record-high eurozone inflation. Oil surged around 5 per cent, while the … Read more
