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Bitcoin drops 10% as pullback continues – Yahoo Finance

Bitcoin slumped 10% on Thursday to a 10-day low around $31,000 as the world’s most popular cryptocurrency continued to retreat. Ciara Lee reports

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Well, its official. Joe Biden is now President, and hell be backed at least for the short term by Democratic majorities in both Houses of Congress. Wall Street is taking the measure of the new Administration, and sees, among its first moves, a boost in fiscal stimulus that is likely to goose consumer spending, bump corporate profits, and provide general economic support in the first half of 2021. Covering the situation for Goldman Sachs is investment strategist David Kostin, who is bullish on the…

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