Bitcoin plunged to a nine-month low on Thursday, shedding 7.4% of its value in a broad market rout triggered by speculation of a hawkish new Federal Reserve chair and escalating geopolitical tensions. The selloff liquidated $1.68 billion in crypto positions and dragged down equity markets, underscoring a sharp flight from risk assets. While a late Senate deal to fund the U.S. government provided a slight Friday morning reprieve, options data suggests traders are bracing for more pain ahead.
about Bitcoin Plunges 7.4% Amid Fed Chair Speculation, $1.68B Liquidated
DJI
Bitcoin Hits 2-Month High, $587M Shorts Liquidated Amid CPI Data
Bitcoin surged to a two-month high above $95,500, triggering nearly $600 million in short liquidations as traders reacted to steady U.S. inflation data and mixed corporate earnings. The December CPI report showed inflation holding at 2.7%, reinforcing expectations the Federal Reserve will keep rates unchanged in the near term. Meanwhile, traditional markets offered a mixed picture with bank stocks weighing on indexes while the S&P 500 and Nasdaq held near recent highs.
about Bitcoin Hits 2-Month High, $587M Shorts Liquidated Amid CPI DataCME Expands Crypto Futures with XRP and SOL Spot-Quoted Contracts
The Chicago Mercantile Exchange (CME) has significantly expanded its cryptocurrency derivatives suite with the launch of Spot-Quoted futures contracts for XRP and Solana (SOL). This strategic move, announced by CME Group, builds upon the demonstrated success of its existing Bitcoin and Ethereum futures and is designed to offer everyday traders greater precision and market accessibility by quoting contracts in familiar spot-market terms. Despite this institutional endorsement, the prices of both altcoins have shown recent weakness, highlighting a divergence between market infrastructure development and short-term price action.
about CME Expands Crypto Futures with XRP and SOL Spot-Quoted ContractsBitcoin Faces First Annual Decline Since 2022 Amid Market Turbulence
2025 has delivered a masterclass in financial volatility, with Bitcoin threatening to close the year with its first annual decline since 2022, a stark reversal after a series of record-breaking highs. This potential downturn unfolds against a backdrop of similar turbulence in global stock benchmarks, which have been whipsawed by fears over tariffs, interest rates, and an AI bubble. A defining feature of this chaotic year has been the marked strengthening of Bitcoin’s correlation with traditional equities, signaling a profound shift in how the flagship cryptocurrency interacts with the broader financial ecosystem.
about Bitcoin Faces First Annual Decline Since 2022 Amid Market TurbulenceStocks Rally as Traders Await Nvidia Earnings Report
US stocks rebounded strongly on Wednesday, breaking a four-day losing streak as investors positioned for Nvidia’s highly anticipated earnings report. The tech-heavy Nasdaq led gains with a 1.5% advance while the S&P 500 rose 0.9%, with traders hoping strong results from the AI chipmaker would ease concerns about stretched tech valuations. The Dow Jones Industrial Average added 108 points, or 0.2%, as market sentiment turned cautiously optimistic ahead of the crucial earnings release.
about Stocks Rally as Traders Await Nvidia Earnings ReportMarkets Slump on Fed Hawkish Fears, Trump Tariff Cuts
Global markets faced significant pressure as Federal Reserve officials sparked fears of a hawkish policy shift, sending US equity futures tumbling while former President Trump announced plans for substantial tariff reductions to combat rising food prices. The simultaneous developments created a perfect storm of uncertainty, with UK markets also retreating amid renewed fiscal concerns and HSBC strategist Max Kettner providing a contrasting voice by dismissing AI bubble fears as overblown.
about Markets Slump on Fed Hawkish Fears, Trump Tariff CutsUS Stocks Mixed: Tech Drags S&P 500, Dow Gains
US markets delivered a split performance on Wednesday as technology stocks weighed heavily on major indices while the Dow Jones managed modest gains. The S&P 500 declined 0.3% and Nasdaq fell 0.6% as Nvidia led tech declines following SoftBank’s massive $5.83 billion stake sale, while weak economic data signaled slowing growth. Although Senate action to avert a government shutdown provided some relief, markets remained cautious amid the mixed signals from corporate earnings and economic indicators.
about US Stocks Mixed: Tech Drags S&P 500, Dow GainsU.S. Stocks Rally as Government Shutdown Nears End
U.S. stock markets surged Monday as Congressional progress toward ending the government shutdown sparked a broad market rally. Technology and AI stocks led the charge, with major indices posting significant gains amid renewed investor optimism following a 39-day political gridlock that had pushed consumer confidence to three-year lows and delayed critical economic data.
about U.S. Stocks Rally as Government Shutdown Nears EndCrypto Stocks Plunge Amid Macroeconomic Uncertainty
Crypto-related stocks suffered dramatic losses as macroeconomic headwinds overwhelmed positive company-specific news, with Robinhood shares dropping over 9% just one day after reporting strong Q3 earnings. Bitcoin fell below $101,000 before a partial recovery, while major crypto stocks including Coinbase and Galaxy Digital tumbled amid the worst government shutdown in U.S. history and deteriorating economic indicators that have sapped investor confidence in risk-on assets.
about Crypto Stocks Plunge Amid Macroeconomic UncertaintyWall Street Bullish for November as Fed Cuts Rates
Wall Street enters November with strong momentum as the Federal Reserve’s recent rate cut fuels optimism. Major indices posted solid gains in October, extending their winning streak to six months. With AI stocks surging and inflation easing, investors are eyeing fresh market highs, though potential risks from commercial real estate delinquencies and job losses remain on the radar.
about Wall Street Bullish for November as Fed Cuts RatesAmazon Soars 9.6% as Q3 Revenue Hits $180.2B, Boosting Markets
US stock markets surged higher as Amazon shares skyrocketed 9.6% following strong third-quarter results that revealed $180.2 billion in revenue and 20% growth at its AWS cloud division. The tech giant’s impressive performance fueled broader market gains, with the Nasdaq climbing 0.61% to 23,724.96 and the S&P 500 rising 0.26% to 6,840.20, while the Dow added 40.75 points to close at 47,562.87. The earnings-driven optimism extended across the technology sector, capping a strong October performance for major indices.
about Amazon Soars 9.6% as Q3 Revenue Hits $180.2B, Boosting MarketsTech Stocks Drag Markets Lower as Meta Plunges 11%
US stocks delivered a mixed performance on Thursday as a dramatic 11% plunge in Meta Platforms dragged technology shares lower, overshadowing gains in value stocks and robust economic data. The Nasdaq Composite fell 0.6% to 15,170 while the S&P 500 declined 0.3% to 5,018, though the Dow Jones Industrial Average bucked the trend with a 120-point gain to 39,310. The session highlighted a clear rotation away from growth-oriented technology names as Treasury yields climbed to 4.68% following strong GDP figures, with investors now anxiously awaiting Friday’s PCE inflation report for fresh clues on the Federal Reserve’s interest rate path.
about Tech Stocks Drag Markets Lower as Meta Plunges 11%