Bitcoin’s price dropped to a three-month low of $86,008 on Feb. 25, falling below the $90,000 mark for the first time since Jan. 13.
U.S. Bitcoin ETFs See Record Daily Outflow of Over $930M as Carry Trades Lose Shine to the 10-Year Treasury Note
Investors pulled out funds from bitcoin and ether spot ETFs Tuesday as dwindling basis in the CME futures dented the appeal of carry trades.
Stock market today: Wall Street climbs and heads for its first gain in 5 days
U.S. stock indexes are rising Wednesday after a four-day losing streak knocked Wall Street off its all-time high and threw some of its brightest stars into reverse. The Nasdaq composite, which was the prior day’s biggest loser, jumped 1.2%, while the Dow Jones Industrial Average was up 188 points, or 0.4%, as of 10:20 a.m. Eastern time. The stock market had been struggling following some weaker-than-expected reports on the economy, including a couple that showed U.S. households are getting more pessimistic about inflation and tariffs pushed by President Donald Trump.
Tesla falls 8%, falls below $1 trillion market cap, on plunging European car sales
Sales of Tesla vehicles tumbled 45% in Europe last month, even as the overall EV market picked up in the region. The stock closed 8% lower on Tuesday.
XRP, BNB Edge Higher as Bitcoin Bulls Eye $90K After Tuesday Bloodbath
The move higher was in line with a CoinDesk analysis on Tuesday, as a five-month low in a sentiment index and a large-scale liquidation event indicated assets were likely oversold and could see relief in the short term.
What's Next for Bitcoin After Cryptocurrency Falls Below $90K? Key Levels to Watch
Bitcoin tumbled to a three-month low on Tuesday, continuing a slide from its record high set last month, as economic uncertainty weighs on investor sentiment. Monitor these crucial chart levels.
Wall Street eyes 'growing pains' in Nvidia earnings but all eyes are on a bullish 2nd half for its next-gen chip
Wedbush said that based on its channel checks, a single AI enterprise deployment has not slowed or changed because of DeepSeek.
Berkshire Hathaway stock has crossed $750,000 for the first time this week
Berkshire Hathaway's Class A shares have appreciated 3,999,494% since Warren Buffett took over the company in 1965.
Oil holds at two-month low on rising supply concerns
Oil prices held at two-month lows on Wednesday as a potential peace deal between Russia and Ukraine continued to weigh on prices while lower U.S. crude stockpiles provided some support. Brent crude was down 19 cents at $72.83 a barrel by 1256 GMT and U.S. West Texas Intermediate crude oil futures fell by 13 cents to $68.80. Prospects for a peace deal between Russia and Ukraine are improving, ING commodities strategists said in a note on Wednesday, adding that the market was also watching for potential implications of a minerals deal between the U.S. and Ukraine.
US dollar rises as economic, tariff outlook gauged
NEW YORK (Reuters) -The U.S. dollar rose on Wednesday to move further from recent 11-week lows, as investors assess the strength of the economy and tariffs outlook after the most recent comments from U.S. President Donald Trump. The greenback stumbled on Tuesday as economic data showed a sharp drop in consumer confidence, the latest in a string of data points that have prompted concerns about the strength of the U.S. economy and persistent inflation, and caused U.S. Treasury yields to tumble. The benchmark 10-year U.S. Treasury yield plunged nearly 10 basis points (bps) on Tuesday and was last down 4.2 basis points to 4.256% after falling to 4.249%, its lowest since December 11 as an earlier attempt to stabilize dissipated.