June 1, 2016 11:23 AM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
The Dow fell 0.38 percent to 17,720.23, while the NASDAQ composite index declined 0.07 percent to 4,944.63. The broader Standard & Poor's 500 index fell 0.22 percent to 2,092.26.The worst performing industries in the market today are:
Photographic Equipment & Supplies: This industry slipped 2.3 percent by 11:00 am. The worst stock within the industry was
GoPro Inc (NASDAQ: GPRO), which fell 2.7 percent. GoPro shares have tumbled 82.60 percent over the past 52 weeks, while the S&P 500 index has declined 0.81 percent in the same period.
Long Distance Carriers: This industry declined 1.6 percent by 11:00 am with
HC2 Holdings Inc (NYSE: HCHC) moving down 2 percent. HC2 Holdings shares have dropped 61.49 percent over the past 52 weeks, while the S&P 500 index has slipped 0.81 percent in the same period.
Cement: This industry fell 1.4 percent by 11:00 am ET.
Cementos Pacasmayo ADR (NYSE: CPAC) shares dropped 3 percent in today's trading. Cementos Pacasmayo shares have gained 18.68 percent over the past 52 weeks, while the S&P 500 index has dropped 0.81 percent in the same period.
Copper: The industry dropped 1.3 percent by 11:00 am. The worst performer in this industry was
Freeport-McMoRan Inc (NYSE: FCX), which declined 6 percent. On Tuesday, Freeport-McMoRan revealed that it completed its previously announced sale of a 13 percent stake in its Morenci unincorporated joint venture to Sumitomo Metal Mining Co. Ltd. (SMM) for cash consideration of $1.0 billion.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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