Stocks just entered a correction — but bitcoin is still doing much worse
02/09/2018 General World News
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  • US stocks have dipped 10% since peaking on January 26, an official correction.
  • Cryptocurrencies like Bitcoin have fared even worse during that same time period.

The US stock market is officially in a correction, defined as a 10% decline from its most recent high.

The benchmark S&P 500 closed 10.4% below its record high on January 26. Bitcoin has fared much worse during that same time period.

In fact, it’s down nearly 28% since US markets began their slide in late January, according to data from CoinDesk. That includes a rebound during most of this week. At last check, read more >>>

Source:: BusinessInsider.Com

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