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FTSE 100 Live: Futures Ease as Global Stocks Fall

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Upbit, Bithumb Post Revenue Halves

The industry slump is prolonging as Upbit and Bithumb, the first and second largest virtual asset exchanges in South Korea, saw their revenues for the first half of this year cut in half side by side.

  • Upbit and Bithumb report 50% revenue drop in first half of year
  • Bitcoin price plummets below $60,000 during period
  • Analysts predict rebound depends on trading volume and institutional conditions

Bond selloff slows but stocks wobble

SINGAPORE: Global bond yields hovered near their highest for decades on Wednesday, as fears over swelling sovereign debt pushed borrowing costs higher and rattled stock markets worldwide.

More from Wednesday 19 August →