Nasdaq falls over 3% to six-month low on growth concerns
The tech-heavy Nasdaq led a selloff among Wall Street’s main indexes, falling over 3% to a near six-month low, on fears that a tariff war could spark an economic slowdown.
The tech-heavy Nasdaq led a selloff among Wall Street’s main indexes, falling over 3% to a near six-month low, on fears that a tariff war could spark an economic slowdown.
President Donald Trump has signed an executive order to establish a strategic reserve of cryptocurrencies by using tokens that are already owned by the U.S. government.
El presidente Donald Trump anunció el domingo que Estados Unidos invertirá en una “reserva estratégica” en al menos cinco criptomonedas, lo que provocará un aumento en el valor de mercado de cada moneda nombrada.
President Donald Trump announced on Sunday that the United States will be investing in a “strategic reserve” of at least five cryptocurrencies, resulting in a spike in market value of each currency named.
The tech-heavy Nasdaq led Wall Street declines, hitting a six-week low after fresh economic data indicated a deterioration in consumer sentiment.
Wall Street’s main indexes rose in the first trading session of 2025 as investors pinned their hopes on a fresh political landscape and more interest rate cuts.
Funds stolen by hacking cryptocurrency platforms surged 21% from a year ago to $2.2 billion in 2024.
The S&P 500 and the Nasdaq climbed while the Dow was flat on Monday, as investors looked ahead to an anticipated Federal Reserve interest rate cut later in the week.
Bitcoin hit a record high above $106,000 after President-elect Donald Trump suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve.
Bitcoin prices topped $100,000 for the first time ever on Wednesday evening and continued rising on Thursday, as the cryptocurrency added to its record-setting run after President-elect Donald Trump’s election victory and more buzz that the incoming administration will have a crypto czar.