Meanwhile, PacWest Bancorp’s stock price dropped by about 48% on Thursday. The bank denied allegations that Western Alliance was looking into selling. On Thursday, Western Alliance Bank, the latest bank to be alleged to be approaching collapse amid mounting pressure on the US banking system, released a statement. Bank executives denied seeking buyers and claimed … Read more
By Ambar Warrick Investing.com — Most Asian currencies retreated on Monday, while the dollar steadied ahead of a string of economic cues due this week, with the Federal Reserve’s May meeting also coming into focus as markets braced for more interest rate hikes. The dollar index and dollar index futures traded sideways on Monday after … Read more
Investing.com – Litecoin was trading at $89.000 by 04:51 (23:21 GMT) on the Investing.com Index on Wednesday, down 12.19% on the day. It was the largest one-day percentage loss since Wednesday, April 19, 2023. The move downwards pushed Litecoin’s market cap down to $6.734B, or 0.55% of the total cryptocurrency market cap. At its highest, … Read more