Bitcoin is crashing into dangerous territory — and options-fueled selling is adding to the volatility. The largest cryptocurrency dropped as much as 7.6% on Friday to $80,553, deepening a selloff that’s erased nearly 25% of its value this month. November is now shaping up to be Bitcoin’s worst month since the 2022 collapse of Terra…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Hero to zero Stock investors didn’t end up getting the post-Nvidia earnings market bounce they hoped for. After opening yesterday’s trading session higher, stocks took a dramatic…
Bitcoin fell sharply after a sell-off of major U.S. stock indices. Bitcoin has been correlated closely to the price movement of the Nasdaq index. Luke MacGregor | Bloomberg | Getty Images Bitcoin tumbled as much as 6% early Friday, hovering just above its critical $80,000 support level at one point, as investors continued their flight…
The markets are volatile—and Wall Street’s most reliable barometer of panic has surged to levels not seen since April, when President Donald Trump’s sweeping “Liberation Day” tariffs triggered a global market meltdown. The Cboe Volatility Index, known as the VIX, peaked at 27.8 on Thursday and closed the day around 26.3—its highest point since the…
John Williams, president and chief executive officer of the Federal Reserve Bank of New York, speaks during an Economic Club of New York (ECNY) event in New York, US, on Thursday, Sept. 4, 2025. David Dee Delgado | Bloomberg | Getty Images Communication at the Federal Reserve, particularly at the highest levels, rarely happens by…
My top 10 things to watch Friday, Nov. 21 1. The S & P 500 is headed for a higher open this morning after New York Federal Reserve President John Williams suggested that the central bank could lower interest rates again next month. Expectations for a 25-basis-point rate cut at the December meeting jumped to…
Global stock markets sold off sharply this morning as investors continued to question whether the ‘Magnificent 7’ tech companies have fueled an unsustainable bubble in AI. The selling is brutal. Nasdaq 100 futures were down 0.36% this morning after losing 2.38% yesterday. S&P 500 futures were flat but volatile this morning, and the VIX volatility…
Analysts might argue you can’t have a bubble without a burst. With markets nearing correction territory, some investors might be wondering if the time to sell is nigh—but hedge fund founder Ray Dalio believes there’s no need to panic just yet. The founder of Bridgewater Associates agrees with the general consensus that stocks are in…
When Nvidia earnings came out we thought we could all breathe a sigh of relief. Not many of us could predict the rollercoaster ride that was about to occur. I discussed the importance of their results and key levels to watch with Brian Sullivan on “Power Lunch” earlier in the week . Now that we’ve…
Japan ,Tokyo City skyline, Tokyo Tower. Prisma By Dukas | Universal Images Group | Getty Images Asia-Pacific markets fell Friday, after U.S. tech stocks lost ground and investors’ hopes of a December rate cut by the Federal Reserve faded. Japan’s Nikkei 225 tumbled 1.57% at the open, while the Topix index lost 0.72%. Tech conglomerate…