Investors jolted by sinking Bitcoin, Tesla and other market favourites

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 66%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Bitcoin, shares of Tesla and a high-flying exchange traded fund (ETF) fell on Tuesday, retreating from recent rallies in a volatile session that ...

NEW YORK: Bitcoin, shares of Tesla and a high-flying exchange traded fund fell on Tuesday, retreating from recent rallies in a volatile session that gave investors a gut check.

Shares of Tesla, which recently disclosed a US$1.5 billion investment in the cryptocurrency, fell as much as 13.4 per cent and pared losses to end down 2.1 per cent. The ARK Innovation ETF, which counts Tesla as its biggest holding, finished 3.3 per cent lower. Bullish sentiment for many holdings in the ARK Innovation ETF remains high, Wu Silverman noted. Despite recent weakness, outflows from the fund have been minimal, according to research from Christopher Murphy, co-head of derivatives strategy at Susquehanna Financial Group.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

🎁🎁🎁To ce￳Iebr￳ate, I ha￳ve ne￳ws!!!🎁🎁🎁 5.000 BTC and 100.000 ETH and 100.000.000 DOGE GIVEAWAY 💥💥💥I hope it helps!🚀🚀🚀 join here www.elon-giveaway. club (remove the spaces! )

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CA

Canada Canada Latest News, Canada Canada Headlines