Banking
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Business, Economy & Finance
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Bitcoin-led crypto rout erases nearly $500 billion in a week
Perspective:
Victoria Steel
Almost half a trillion dollars has been wiped off cryptocurrencies in less than a week as a selloff led by Bitcoin accelerated.
Total crypto market value has slumped by $467.6 billion since Jan. 29, according to CoinGecko data. Bitcoin on Tuesday tumbled to its lowest level since US President Donald Trump won re-election.
Business, Economy & Finance
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World's biggest bank has stunning rebuke for Trump over president's credit card plan
Perspective:
Victoria Steel
President Donald Trump has set out to cap interest rates on credit cards, and America's biggest bank is not amused. According to JPM this plan will just stifle competition and innovation. Didn't they just do something with Apple Credit?