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Bitcoin has long been touted as a day-trader’s paradise. But data shows “buy and hold” might be the better approach.

Bitcoin shake off early losses Friday in New York a day after the Securities and Exchange Commission voted 3 to 1 against the proposal for a bitcoin exchange-traded fund.

Rates for U.S. government bonds fall on Friday following a key reading of gross domestic product, which capped a period that saw yields mostly finish the week higher after reports on Monday suggested the Bank of Japan may make steps toward winding down its easy money policies.

U.S. stocks close lower Friday with the Nasdaq falling triple digits as investors sold off on disappointing results from Twitter Inc. and bellwethers including Exxon and Intel. The highly-anticipated release of gross domestic product data also showed that economic growth remains relatively strong but hovered below lofty expectations.

After government bond markets around the world were rattled by talk of a potential policy shift by the usually sleepy Bank of Japan, investors are paying attention.

U.S. stocks closed lower on Friday after disappointing results from bellwethers including Exxon and Intel as well as GDP data that came in slightly below lofty growth expectations weighed on sentiment. The S&P; 500 and Dow industrials booked weekly gains, but sharp losses in the tech sector left the Nasdaq Composite lower for the week. The S&P; 500 fell 18.62 points, or 0.7%, to 2,818.82 with the technology sector leading losses, down 2%. Over the week, the index was up 0.6%. The Nasdaq Composite Index declined 114.77 points, or 1.5%, to 7,837.42, booking a 1.1% loss over the week. The Dow Jones Industrial Average ended 76.01 points, or 0.3%, lower at 25,451.06. The blue-chip index gained 1.6% over the week. Among the biggest decliners on the S&P; 500, shares of Twitter Inc. slumped 20.5% after it reported second-quarter results that came below expectations.