Bitcoin dropped below $90,000, deepening a month-long slide that has erased the cryptocurrency’s gains for 2025 and rocked sentiment across the digital-asset world. The largest token fell as much as 2.8% on Tuesday, extending its decline from a record of more than $126,000 set in early October. Bitcoin last traded below $90,000 — eventually tumbling to as low as $74,400 in April — after President Donald Trump upended financial markets worldwide with his initial plan for trade tariffs. It recovered some lo ...

Scope Ratings (Scope) expects the Federal Reserve to deliver a second consecutive 25bp “risk management” cut on Wednesday in response to the softer US jobs market and a slight easing in September core CPI. Futures markets are nearly fully pricing 25bps for this week and recent remarks by Federal Reserve Chairman Jerome Powell point in this broad direction. Market attention will focus on the press conference and the signals it sends regarding the next steps. A further 25bp cut by December may be the going ...

US stocks trod water before the bell on Thursday as Wall Street waited for fresh jobless data to help calculate interest-rate odds amid uncertainty about Federal Reserve unity on policy. Futures on the Dow Jones Industrial Average (YM=F) wobbled along the flatline, and those tied to the S&P 500 (ES=F) lost 0.2%. Meanwhile, contracts on the tech-heavy Nasdaq 100 (NQ=F) nudged down 0.3%, after the major gauges closed lower for a second day. Markets are putting the brakes on stocks' recent record-breaking ...