For the 10th consecutive session bitcoin prices are trading largely unchanged as volatility in the world’s largest digital currency continues to fall.
In Thursday trading a single bitcoin BTCUSD, -0.35% was going for $6,429.78, down 0.5% since Wednesday at 5 p.m. Eastern Time on the Kraken exchange.
Yet, as bitcoin continues to tread water, equity markets are in turmoil. On Wednesday, major indices, including the Dow Jones Industrial Average DJIA, +0.37% and the S&P 500 SPX, +0.56% wiped out their gains for 2018 as global growth concerns have investors re-evaluating stock prices versus bond yields.
