STOCK MARKET NEWS: Markets lower, China refutes Fed charges, gas drops again, oil higher

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STOCK MARKET NEWS: Markets lower, China refutes Fed charges, gas drops again, oil higher
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Chinese official rips US over alleged Fed influence allegations. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.

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Bitcoin, Ethereum and Dogecoin were mixed heading into Thursday morning. early Thursday as Bitcoin was higher, but Ethereum and Dogecoin were lower.For the week, Bitcoin was trading lower by nearly 2%. For the month, the cryptocurrency was higher, gaining more than 10.4%.For the week, Ethereum was trading higher by about 6.75%. For the month, it was trading higher by more than 37%.For the week, Dogecoin was lower by more than 5%. For the month, the crypto was lower by nearly 7.25%.

"The so-called report you mentioned is political disinformation fabricated by a handful of Senate Republicans and completely ungrounded," Chinese Foreign Ministry spokesperson Zhao Lijian said at a press briefing on Wednesday."It seems that some U.S. politicians might be suffering a ‘Chinaphobia’ or persecutory delusion and displaying quite serious symptoms."

One employee attempted"to transfer large volumes of data from the Federal Reserve to an external site," while another employee gave"modeling code" to a Chinese university tied to China's central bank, according to the report. Prices have been on the decline since hitting a high of $5.016 on June 14, more than seven weeks ago.

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