Bitcoin drops below $43,000 on El Salvador's first day using it

It's a volatile day for bitcoin, which briefly fell by about 10% Tuesday — below the $43,000 mark.

News: What you need to know about the markets     Bitcoin drops below $43,000 on El Salvador's first day using it It's a volatile day for bitcoin, which briefly fell by about 10% Tuesday — below the $43,000 mark. Read more »   El Salvador buys 200 bitcoins as the digital currency becomes legal tender El Salvador became the first country to adopt bitcoin as a national currency on Tuesday, kicking off a radical monetary experiment that could pose risks to the fragile economy. Read more »   New Orleans businesses survived Katrina and Covid. Now they're contending with Ida Wayne Encalarde's utility truck and trailer were parked in New Orleans' Ninth Ward 16 years ago when Hurricane Katrina's floodwaters ravaged the city and all but completely destroyed the neighborhood. Read more »   Why Texas's strict abortion law is terrible for the economy As abortion rights advocates scramble to fight a Texas law that effectively bans abortion in the state, economists are drawing attention to the financial hardships — and subsequent economic downsides — that can occur when women's reproductive rights are restricted. Read more »   Kim Kardashian and crypto FOMO: Why regulators are worried Regulators are worried about all the people plugging cryptocurrencies online. That includes Kim Kardashian, beauty and fashion mogul and influencer extraordinaire. Read more »   George Soros calls out BlackRock's 'China blunder' George Soros, the billionaire financier and philanthropist, thinks BlackRock has made a huge miscalculation on China. Read more »

Dow Nasdaq S&P -269.09   +10.81   -15.40 35,100.00   15,374.33   4,520.03 -0.76%   +0.07%   -0.34% YTD +14.68%   YTD +19.29%   YTD +20.34%

Biggest Winners Las Vegas Sands Corp +4.17%   Carnival Corp +2.61%   Royal Caribbean Cruises Ltd +2.54%   MGM Resorts International +2.12% Biggest Losers VF Corp -5.73%   3M Co -4.53%   Deere & Co -4.52%   Stanley Black & Decker Inc -4.12%

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Key Market Stats Latest Today's Change Oil $68.37 -0.92 / -1.33% Gold $1,795.40 -16.10 / -0.89% 10-yr 1.37% +0.05 Euro $1.18 -0.00 / -0.26%

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