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CRYPTOCURRENCY MARKET SELLOFF
Bitcoin falls over 5% in a day to $76,000 as US tech and AI stock selloff triggers fresh crypto market weaknessBitcoin plunged over 5% to $76,006 as weakness in US technology stocks triggered widespread crypto selling. More than $1.1 billion in lever...
Democrats’ win rattles Trump trades from AI stocks to cryptoThe recent Democratic majority in Congress triggered a downturn in global markets, most notably impacting technology stocks. Investors are ...
US Midterm elections, Apple earnings, jobs data to test Wall Street after AI routWall Street faces a pivotal week as US midterm elections, major corporate earnings and October jobs data test investor sentiment. Recent AI...
Global Market Today: Asian shares bend under AI stress; Apple earnings loomConcerns about negative cash flow and the sheer scale of AI capex saw the cost of insuring against corporate defaults blow out last week, w...
US stocks today: Dow Jones crashes 500 pts, Nasdaq over 2.5% as AI cash burn fears spark tech selloffUS stocks tumbled on Friday as disappointing results from Intel and Amazon reignited concerns over rising artificial intelligence spending ...
Global Market Today: Asian stocks slide as tech earnings disappoint, AI fears mountThe Kospi Index in South Korea — a key barometer of the AI trade — fell over 3% with chip heavyweights Samsung Electronics Co. and SK Hynix...
US stocks today: US stocks end higher as Fed holds rates; focus turns to earningsUS stock markets ended on a high note after the Federal Reserve opted to maintain current interest rates while gauging the economic landsca...
Bitcoin hovers near $80,000 and Ethereum tests $2,300 as macro and geopolitical risks weigh on crypto marketsBitcoin traded near $80,000 while Ethereum hovered around $2,327, as macroeconomic uncertainty and geopolitical risks tempered crypto senti...
Currency markets subdued ahead of pivotal central bank weekAs the week kicks off, major currencies hover in narrow trading bands amidst pivotal central bank meetings. Oil prices experienced a declin...
Dollar stays near 18-month high as Mideast conflict, inflation data in focusThe dollar's steadiness reflects a cautious market responding to geopolitical stresses in the Middle East, which have dampened investor con...
- Global Markets: Tech stocks gain on Anthropic IPO optimism, offsetting high oil, yields
Sovereign yields are an anchor for global markets, a reference price for investing in riskier stocks and a benchmark for mortgages and corp...
Bitcoin trades around $84,000 after profit booking as rising US Treasury yields pressure crypto marketsBitcoin traded near $84,000 following profit-booking from recent highs as surging US Treasury yields pressured risk assets. Despite intrada...
Bitcoin price today: How did BTC USD hit $86,000 after $999 million Bitcoin ETF inflow defied Fed rate hike and CLARITY act failure?Bitcoin has surged to $86,000, continuing its upward trajectory despite the Federal Reserve's recent interest rate hike. The influx of near...
Dollar advances vs yen as BOJ dissent clouds rate-hike outlookFollowing the Bank of Japan's decision to increase interest rates, the dollar saw a rise against the yen. Some policymakers expressed skept...
Bitcoin trades near $75,000 as CLARITY Act setback weighs, Fed decision in focusBitcoin fell below $75,000 to a September low after the US Senate rejected the CLARITY Act cloture vote 50-49. Ethereum and major altcoins ...
US Market: Coinbase seeks US nod to bring equity perpetuals to investorsCoinbase has submitted registration documents to the SEC for its new equity perpetuals, enhancing its derivative products for U.S. investor...
Bitcoin consolidates around $77,000 as investors assess US interest-rate outlookBitcoin traded around $77,863 on Thursday as investors weighed improving risk sentiment against uncertainty over US interest rates and upco...
Bitcoin falls to two-week low of $76.7K as crypto market selloff triggers $661 million liquidationsBitcoin dropped to a two-week low of $76,700 as the crypto market experienced a selloff, leading to nearly $661 million in liquidations. Ma...
Bitcoin attempts recovery as Evergrande-led selloff easesBitcoin, the biggest and the best known cryptocurrency, traded around $43,000, recovering from a fall to $40,192 earlier in the session. It...
Bitcoin plunges to lowest in over three months after China crypto banBitcoin, the biggest and best-known cryptocurrency, had already been under pressure from a series of tweets from Tesla boss Elon Musk, but ...