Bitcoin recovers $76,000 level as ETFs shed $430 million after tech rout
Bitcoin recovered above $76,000 Friday after dropping below that level during Thursday's techdriven market rout. Source:CoinDesk
Bitcoin, crypto stocks caught in AI trade meltdown, but Wintermute trader sees 'glass half full'
The postelection rally quickly reversed as AI stocks plunged, but cryptocurrencies held up relatively better despite a $1 billion liquidation wave.…
Bitcoin crashes 6% to 7-week low as US stocks erase election gains
Bitcoin saw sudden downside at the Wall Street open as stocks witnessed a snap selloff, reversing postelection gains. Source:Cointelegraph
Bitcoin miners are oversold following 35% October rout, VanEck says
Investors dumped AI infrastructure providers across the board in October, treating companies in very different sectors as one monolithic trade. Source:CoinDesk
Bitcoin holds above $80,000 after Wednesday’s jump as injective rallies on staked ETF listing
Bitcoin slipped 0.2% to around $80,250 since midnight UTC, holding above $80,000 after Wednesday’s jump, as spot ETFs ended a threeday outflow streak.…
Bitcoin win rate vs. S&P 500 recovers as post-midterm history favors stocks
Bitcoin outperformed the S&P 500 in half of the past 90 US trading sessions, while historical midterm data highlights gains for stocks. Source:Cointelegraph
A prolonged war in Iran is the market’s real ‘black swan,’ says this strategist
Alicia Levine, of BNY’s wealth management business, said markets have not priced in the possibility of the war in Iran lasting for a long time.…
XRP Ledger fixes a disclosed bug that could have led to the creation of new tokens
The fix went live Wednesday after validator support reset the activation clock in October. XRP itself was unaffected. Source:CoinDesk
4 market-moving issues investors should watch now that the midterms are over
The Democrats’ election sweep on Tuesday could have farreaching consequences for markets and the economy. Source:MarketWatch
What Trump can achieve without approval from a Democratic-led Congress
The president will have plenty of power to move markets by himself. Source:MarketWatch
U.S. Democratic sweep could be the final nail in the ‘Clarity Act’s coffin’
Industry experts warn the Clarity Act is likely dead in its current form as incoming Democratic majorities eye tighter scrutiny of crypto markets and tokenized…
Bitcoin hits $80.5K as US stocks rally on midterm election results
Bitcoin climbed toward $80,500 as risk assets rallied on Democrats’ midterm election gains and oil prices fell. Source:Cointelegraph