Bitcoin (CRYPTO: BTC) was trading slightly lower during Monday’s 24-hour trading session after a second rejection near the $25,000 level. During Sunday’s 24-hour trading session the crypto also attempted to break up over the important psychological level and failed.
Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.
Moderna, Inc (NASDAQ: MRNA) spiked up almost 5% off Friday’s closing price at one point on Monday, before hitting a resistance level at the $179 level and running into a group of sellers.
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened?
On this day in 1945, the U.S. stock market closed to celebrate Victory over Japan Day.
Where The Market Was
The Dow Jones Industrial Average closed at 164.79 and the S&P 500 traded at 14.87.
The past weekend saw some activity in the crypto market, and it remains to be seen if the buoyancy spills over into their equity counterparts. As the major U.S. averages fight to carry on the momentum from last week, here's a recap of a few major headlines that hit the wire over the weekend.
Meme coin Shiba Inu (CRYPTO: SHIB) was on the move on Sunday, gaining 28% in the 24 hours.
Shiba Inu’s market capitalization is $8.93 billion. In the last 24 hours, it has gained $2 billion from $6.96 billion.
Shiba Inu is now the 12th largest digital asset by market cap.
A 55-year-old former neonatologist from Spokane, Washington, has confessed to paying $60,000 worth of Bitcoin (CRYPTO: BTC) to kidnap his estranged wife.