Jakub Porzycki | Nurphoto | Getty Images Bitcoin fell below the $79,000 level as investors braced for more financial market volatility after U.S. equites suffered their worst decline since 2020 on the rollout of President Donald Trump’s restrictive global tariffs. The price of bitcoin was last lower by 4% at $78,835.07, according to Coin Metrics,…
Eric Trump says his family was “the most canceled company, probably on Earth.” That was then. With his dad, President Donald Trump, back in the White House, he sees a new money-making opportunity. “It actually is what drove us toward cryptocurrency,” the president’s middle son told CNBC, referring to the Trump family’s latest business endeavors….
Bitcoin is more closely correlated to the Nasdaq than it is to gold most of the time, and investors could benefit from viewing it as another big tech stock, says Standard Chartered. Bitcoin’s correlation with the Nasdaq is currently at about 0.5, after it approached 0.8 earlier this year, according to the bank. Meanwhile, its…
My top 10 things to watch Tuesday, March 11 1. Wall Street is on track for a muted open today after a brutal sell-off yesterday that was fueled by growing recession concerns. President Donald Trump, whose tariffs are creating uncertainty for businesses and investors, has said he “can’t really watch the stock market” while implementing…
Jonathan Raa | Nurphoto | Getty Images Bitcoin fell on Monday as volatility in the price of the world’s largest cryptocurrency continues following an executive order signed by President Donald Trump to create a strategic bitcoin reserve for the United States. Bitcoin was trading at $81,712, down over 5% but off earlier lows, at 9:42…
AI and Crypto Czar David Sacks speaks with President Donald J Trump as he signs executive orders in the Oval Office at the White House on Jan. 23, 2025 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images President Donald Trump signed an executive order on Thursday creating a Strategic Bitcoin Reserve,…
US President Donald Trump speaks in the Roosevelt Room of the White House in Washington, DC, on March 3, 2025. Roberto Schmidt | Afp | Getty Images “Tariffs” may be the most beautiful word in the dictionary for U.S. President Donald Trump, but it is one that stokes fear in investors. Risk-on assets such as…
Here are the most important news items that investors need to start their trading day: 1. March mayhem 2. Buffett burns tariffs Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC Legendary investor Warren Buffett criticized Trump’s tariff plans, saying they will raise costs for consumers…
A trader works on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures edged up in overnight trading Sunday amid continued uncertainty surrounding President Donald Trump’s plans to impose tariffs on key U.S. trading partners this week. Futures on the Dow Jones Industrial Average gained 77 points. S&P…
The recent shakiness in the stock market has taken a bite out of some of the areas expected to benefit the most under the policies from President Donald Trump. In some cases, postelection gains have evaporated. As of Monday’s close, the S & P 500 is still up about 3.5% since Nov. 5, the last…