Bitcoin holds, gold falls, Coinbase rebounds from SEC pressure
Yahoo Finance host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute.
Bitcoin (BTC-USD) holds near $104,000, remaining steady this week as improving geopolitical conditions give the cryptocurrency a boost.
Gold (GC=F) pulls back on Ukraine–Russia peace talks and US–China trade progress.
Coinbase (COIN) stock rebounds after previous losses caused by pressure from a US Securities and Exchange Commission (SEC) investigation into past user metrics.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for Yahoo Finance's market minute. US stocks eye a weekly win after an easing in US-China trade tensions. Bitcoin hovered near the $104,000 level. The cryptocurrency remaining relatively steady this week. Easing trade tensions helping give Bitcoin a boost in recent weeks. Gold pulling back amid peace talks between Ukraine and Russia, and as trade negotiations continue between the US and China, latest developments lowering demand for the safe haven asset. However, the precious metal still up over 20% so far this year. And Coinbase shares seeing a pop, recovering from losses after worries over an SEC probe, the company facing an investigation regarding its past user metrics. Wall Street analysts, however, noting the selloff is overdone and a buying opportunity. And that's Yahoo Finance market minute for more on what's trending on Yahoo Finance. Scan the QR code below to track the best and worst performing stocks for the session.
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