U.S. stocks staged a furious comeback rally on Friday as investors once again swooped in to buy the dip ahead of the weekend. Bitcoin prices, on the other hand, continued to sink.
Developments in Japan are creating a risk that investors in the U.S. Treasury market may one day pull the rug out by keeping more of their savings at home.
A selloff for bitcoin and other cryptocurrencies showed no signs of letting up on Friday, and investors were watching closely as a rout in those assets increasingly has been viewed as predictive for where the broader stock market is headed.
