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The rate of bitcoin completed last week in the red. According to MarketWatch, the depreciation has been observed for two weeks in a row. During trading on Friday, the price of the cryptocurrency fell to the lowest level since April 18 this year and was at 7,931 dollars 43 cents. According to CoinDesk, at 17:40 Moscow time the rate of bitcoin fell by 1.7% compared to the closure of previous trading to 8 thousand 65 dollars 84 cents. The price of bitcoin fell more than 15% from the local maximum of 10 thousand dollars, reached in early May. In the course of trading, June futures contracts for bitcoin fell 1.8%, for CME – by 1.4%.
On Friday, Caterpillar Inc (CAT.N) announced a lower second-quarter profit because of the recession caused by the coronavirus outbreak. The decline was due to lower sales volume and changes in dealer inventories. During the second quarter ...
On Thursday, the United States’ Gross Domestic Product (GDP) suffered the biggest economic decline in the second quarter as the surge of coronavirus cases affected the whole country. The U.S. government decided to shut down restaurants, ...
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
Spain’s unemployment rose to 15.33% for the second quarter of 2020, according to Tuesday’s data from the National Statistics Institute amid the worsening COVID-19 situation in the country. The unemployment rate surged past the ...
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