Ben Bernanke, former chairman of the Federal Reserve, has been a vocal skeptic on bitcoin BTCUSD, -1.49%. He’s stated that the cryptocurrency has no underlying value and cannot act as a store of value, which renders it not credible as a currency. “If bitcoin were a substitute for fiat money,...
The S&P 500 index plunged 23.6% from its closing high on Jan. 4 through June 16. The damage have been broad — on June 16, 97% of stocks in the benchmark index were down, with more than a third dropping at least 5%. A bear market is no fun to...
