The price of cryptocurrency traded in the red on Monday ahead of a busy week with anticipated income reports and interest rate announcements from the Federal Reserve on Wednesday.
Stocks rose as investors prepared for income updates from over 150 companies in the S&P 500, with the Dow index seeing its 11th consecutive day of gains to lead the major indexes. At market close, the S&P, Dow, and Nasdaq were all higher, up 0.40%, 0.52%, and 0.19% respectively.
BTC dropped below $30,000 for the first time since June 21, hitting a low of $28,891 around midday before buyers pushed it back above $29,200.
Stocks rose as investors prepared for income updates from over 150 companies in the S&P 500, with the Dow index seeing its 11th consecutive day of gains to lead the major indexes. At market close, the S&P, Dow, and Nasdaq were all higher, up 0.40%, 0.52%, and 0.19% respectively.
BTC dropped below $30,000 for the first time since June 21, hitting a low of $28,891 around midday before buyers pushed it back above $29,200.
