Live updates: Bitcoin traders eye rally to $75,000, Japan set to hike rate to 31-year high
Crypto firmed across the board following the largest equity listing in history. The token most tied to Elon Musk traded right in line with the market.
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Crypto firmed across the board following the largest equity listing in history. The token most tied to Elon Musk traded right in line with the market.
May CPI ran hot on energy and cooler underneath, lifting majors on Thursday, though ether and the large alts are still down 6% to 8% over seven days.
Anthropic’s IPO pipeline, not its new model, is what crypto traders should track.
Stocks recovered through SpaceX’s oversubscribed IPO, an Nvidia and SK Hynix chip pact, and Apple’s AI reboot, while crypto trailed.
Meanwhile, Strive bought 32 bitcoin, the same number Strategy dumped last week.
BTC, ETH, XRP and others pulled back from their overnight highs as Iran-Israel tensions and oil rally triggered risk aversion in Asian stocks.
AI bets are recording rapid profit-taking as Broadcom as outlook for AI-chip sales fell short of high expectations, driving down crypto markets.
Bitcoin rebounded to $64,000 after a sharp selloff, with the move reflecting a typical bounce from oversold conditions rather than a confirmed trend reversal.
A hopeful posting on Iran from President Trump helped erase morning losses.
Kevin Warsh was sworn in as Fed chairman in a White House ceremony early Friday afternoon.