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0.000154545855963247 0 -0.000154545855963247 -0.000883119176932877 -0.0175299156621186 -0.00271559146906867 0.00408442619331484 0.0121649666622511
Stock impact report

As bitcoin drops below $64,000, is it worth holding onto? [CNBC]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: CNBC
It also revives a familiar question: What role — if any — should the world's most widely held cryptocurrency play in your personal investment portfolio Bitcoin prices have fallen from a peak of more than $126,000 in October to under $64,000 as of Thursday afternoon — a drop of about 50% in just a few months. The decline has come even after spot bitcoin exchange-traded funds launched in January 2024, a move that analysts said would bring in more investors and push prices higher. President Donald Trump's crypto-friendly administration has also been seen as supportive for prices, analysts say The pullback comes amid rising geopolitical tensions, increased market volatility and signs of growing investor caution, even as the broader economy has held up. Historically, bitcoin and other cryptocurrencies have tended to respond to periods of elevated market volatility with sharper swings than many traditional assets. Unlike stocks or bonds, crypto prices are driven largely by shifts i Show less Read more
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