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CryptoWatch: Bitcoin steadfast amidst equity volatility

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, -0.09% was going for $6,436.58, 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 the midst of a volatile patch. On Wednesday, major indices, including the Dow Jones Industrial Average DJIA, +1.63% and the S&P 500 SPX, +1.86% wiped out their gains for 2018 as global growth concerns have investors re-evaluating stock prices versus bond yields.

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