Tue, 21-Oct-2025

Bitcoin edges 6.6% higher after few weeks of decline

Bitcoin

RIYADH: Bitcoin, the leading cryptocurrency, traded higher on Tuesday, rising by 6.62 per cent to $48,886 at 5:16pm Riyadh time, after recording a decline over the past few weeks, Arab News reported. The price is down more than 33 per cent from an all-time high on November 10. Many analysts expected the price of Bitcoin to be … Read more

Oil prices slide towards weekly loss as Covid-19 uncertainty weighs

Oil prices

LONDON: Oil prices slid on Friday, heading for a slight decline over the week, on concern curbs to slow the spread of the Omicron variant could hit demand, Arab News reported. Brent crude futures declined 1.5 per cent to $73.88 a barrel at 1.10 p.m. Riyadh time, while US West Texas Intermediate (WTI) crude fell 1.4 per … Read more

Bitcoin continues to decline from its high in November

Bitcoin

RIYADH: Bitcoin, the leading cryptocurrency, plunged around 30 per cent from the year’s high of $69,000 on November 10, Arab News reported. It; however, traded higher on Sunday, rising by 2.82 per cent to $48,972 at 5:14pm Riyadh time. Ether, the second most popular cryptocurrency, traded at $4,140, up 4.16 per cent, according to data from CoinDesk. … Read more