Bitcoin Extends Slide, Has Fallen More Than 50% From Record High

Bitcoin, the largest digital asset, extended its decline Saturday, and has now shed more than 50% from its record high in November.Bitcoin’s decline since hitting the record has wiped out more than $600 billion in market value, and over $1 trillion has been lost from the aggregate crypto market. While there have been much larger percentage drawdowns for both Bitcoin and the aggregate market, this marks the second-largest ever decline in dollar terms for both, according to Bespoke Investment Group.With the Fed’s intentions rocking both cryptocurrencies and stocks, a dominant theme has emerged in the digital-asset space: cryptos have twisted and turned in nearly exactly the same way as equities have.Bitcoin fell as low as $34,042 Saturday, a drop of 7.2%.

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UEFA Champions League final 2024: How to watch live online or on TV, including free options
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SwRI demonstrates breakthrough in supercritical CO2 technology
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ICYMI: River Walk hotel closer to completion; Amegy Bank to make downtown move
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A message to high school graduates from a construction executive: Write your own story
BizJournals, Saturday - 06/01/2024 - 06:00 AM
In the ever-evolving landscape of careers, it's crucial to recognize the power we hold in shaping our own narratives. Beyond the conventional advice of simply going to college, working hard and good ol’ perseverance, there lies a profound truth – the importance of writing your own story. As the senior vice president of a prominent construction company in Raleigh, I am living proof of this truth.
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A message to high school graduates from a Triangle construction executive: Write your own story
BizJournals, Saturday - 06/01/2024 - 06:00 AM
In the ever-evolving landscape of careers, it's crucial to recognize the power we hold in shaping our own narratives. Beyond the conventional advice of simply going to college, working hard and good ol’ perseverance, there lies a profound truth – the importance of writing your own story. As the senior vice president of a prominent construction company in Raleigh, I am living proof of this truth.
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Bitcoin Extends Slide, Has Fallen More Than 50% From Record High

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