Bitcoin and other cryptocurrencies declined in European trading.
Bitcoin fell below $30,000, trading down 3.6% from late Tuesday at $29,290, according to CoinDesk.
Ether was down over 5% at about $1,978.
It is unclear what prompted the falls
Deutsche Bank said it agreed to buy U.K. brokerage and advisory firm Numis for roughly $500 million, the German lender’s first acquisition of size in years.
Numis, a midsized financial firm based in London, serves companies with advice on corporate f
Germany’s Commerzbank closed the earnings season for major European banks Tuesday with a reminder for investors: gains from higher interest rates [may be peaking](https://www.wsj/livecoverage/stock-market-today-dow-jones-04-25-2023/card/european-bank-stocks-fall-after-santander-ubs-earnings-p50N
The recent bank failures had more to do with poor risk management and governance that supervisors should have addressed than rising interest rates, according to the leader of a major global central-bank organization.
“The main cause of [recent bank crises](https://www.wsj/articles/signature-ban