Tag Archives: declines

Bitcoin Price Declines to Lowest Since February

Bitcoin tumbled to its lowest level since February as the meltdown in the world’s largest digital currency accelerated, renewing concern about the long-term viability of the much-hyped alternative to traditional currencies. The price of the digital coin fell as much as 4.6 percent Tuesday to $6,450.01 (roughly Rs. 4.4 lakhs), bringing the slide for the year to more than… Read More »

FTSE advances, shrugs off declines in commodities

British shares edged higher on Monday as commodities-related stocks shrugged off declines in copper and oil prices, although Mondi (MNDI.L) fell on news of an anti-monopoly investigation. Britain’s blue-chip FTSE 100 index .FTSE was up 0.4 percent at 6,170.55 points by 0855 GMT, in line with the broader European market. Miner Rio Tinto (RIO.L) led the gainers on… Read More »