Bitcoin holds, gold falls, Coinbase rebounds from SEC pressure


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It’s time for Yahoo Finance’s market minute. US stocks eye a weekly win after an easing in US-China trade tensions. Bitcoin hovered near the $104,000 level. The cryptocurrency remaining relatively steady this week. Easing trade tensions helping give Bitcoin a boost in recent weeks. Gold pulling back amid peace talks between Ukraine and Russia, and as trade negotiations continue between the US and China, latest developments lowering demand for the safe haven asset. However, the precious metal still up over 20% so far this year. And Coinbase shares seeing a pop, recovering from losses after worries over an SEC probe, the company facing an investigation regarding its past user metrics. Wall Street analysts, however, noting the selloff is overdone and a buying opportunity. And that’s Yahoo Finance market minute for more on what’s trending on Yahoo Finance. Scan the QR code below to track the best and worst performing stocks for the session.


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