First Mover Americas: Bitcoin Holds $30K After Turbulent Week, Altcoins Trade Up

First Mover Americas: Bitcoin Holds $30K After Turbulent Week, Altcoins Trade Up


In traditional markets, the Dow Jones Industrial Average fell for a sixth straight day and the S&P 500 took a 19.4% hit from its high of 4,800 in January. The S&P 500 is now at 3,868, and according to a popular rule of thumb used by investors, a dip of 20% or more signals the start of a bear market.

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