Cryptocurrency

Bitcoin, Nio, Rite Aid: Top movers – Yahoo Finance


Crypto investors are watching for the Federal Reserve’s next announcement for insights on bitcoin (BTC-USD) as macroeconomic concerns loom over the digital currency.

Shares of Chinese EV maker Nio (NIO) are down this morning due to a report from Bloomberg stating the EV maker is weighing the possibility of raising $3 billion dollars from investors amid losses

Lastly, Rite Aid (RAD) shares are down after a report from the Wall Street Journal states that the company is working out a potential bankruptcy plan with creditors, which includes liquidating their stores, potentially closing down over 400 locations in the process.

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