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Equities take a hit

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Miguel A. Rodriguez
Miguel A. Rodriguez
09 July 2021
Bitcoin, ether tumble as investors take off risk amid global market slide.
  • Stocks were broadly lower on Wall Street as bond #yields continued to fall, and investors turned cautious following the market's recent run of record highs.
  • The price of #bitcoin dropped as investors broadly began shedding risk on fears of a global economic drawdown.
  • The #euro climbed across the board and the Japanese yen was on track to post its biggest daily rise this year as investors dumped risky positions in currency markets.

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Miguel A. Rodriguez
Miguel A. Rodriguez
financial_writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.