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Stocks tumbled on Friday as consumer sentiment plunged near all-time lows and investors panicked over AI spending – hammering tech stocks in their worst week since April. The tech-heavy Nasdaq dropped 0.2% Friday, closing the week down 3% – its worst drop since the April launch of President Trump’s “Liberation Day” tariffs sparked a massive […]
Bitcoin rallied about 1.6% Friday, coming close to setting a new record despite widespread economic uncertainty. The cryptocurrency traded at over $122,000 – just below the all-time high of about $124,000 that it notched in August. The rally is a signal that investors may be viewing Bitcoin as another safe-haven asset, like gold, as the […]
“Make Bitcoin Great Again” hats displayed for sale at the Bitcoin 2024 conference in Nashville, Tennessee, US, on Saturday, July 27, 2024. Former US President Trump used to be a crypto critic but in recent weeks adopted a much friendlier stance alongside the sector’s emergence as an influential player in the 2024 presidential election through […]
