JUST IN: Bitcoin falls under $86,000. ...

https://t.co/Xu7T0QJxiFThe Kobeissi Letter (@KobeissiLetter):BREAKING: Bitcoin falls -$4,000 in 2 hours as mass liquidations return.$400 million worth of levered longs have been liquidated over the last 60 minutes. https://t.co/qKB7MYJapu ...

When your entire corporate game plan and the investor base you’ve cultivated revolves around the rising price of bitcoin, a 35% tumble in a month is cause for alarm.Read more: https://t.co/n5cPL7QSGs https://t.co/VIPfrtr72I ...

Group 1: Nvidia Earnings and Market Reaction - Nvidia reported strong earnings with a 66% growth in data center revenue, exceeding expectations [4][5] - Despite initial gains, Nvidia's shares finished lower, reflecting market concerns about the economic situation and potential AI bubble [5] - The Bitcoin market is experiencing a downturn, with Bitcoin dropping below $83,000, marking a 33% decline from its peak [6] Group 2: Retail Earnings Overview - Home Depot's shares fell 6% after missing earnings expectations and cutting guidance due to a cautious outlook on consumer spending and a soft housing market [8] - Lowe's initially dropped in sympathy with Home Depot but later rebounded after beating earnings expectations, although it remains cautious about the economic environment [9][10] - Walmart's shares rose 6% following strong earnings driven by e-commerce and international sales, while Target's shares declined due to a third consecutive quarter of declining comparable store sales, down 2.7% [11][12][13] Group 3: Fintech and Consumer Lending Sector - The buy now pay later fintech sector is under pressure, with Klarna reporting a loss and a significant increase in provisions for credit losses, leading to a 16% decline in its stock [14][15] - Competitors like Affirm and SoFi also saw declines of 13% and 10% respectively, indicating concerns about consumer delinquencies [15][16] Group 4: Economic Data and Job Market - September jobs data showed an addition of 119,000 jobs, but the unemployment rate rose to 4.4%, primarily due to more people re-entering the job market [17][18] - Revisions to previous months' job data raised recession concerns, with August now showing a loss of 4,000 jobs [18][19] Group 5: Tariff Rollbacks and Federal Reserve Signals - Recent tariff rollbacks are seen as a response to economic pressures, with the Fed's stance on potential rate cuts becoming increasingly mixed [21][25] - Market expectations for December rate cuts have fluctuated significantly, reflecting uncertainty in economic conditions [25][27] Group 6: Upcoming Economic Events - The upcoming Thanksgiving week is expected to bring lower market volume and potential volatility, with a flood of economic data and earnings reports anticipated [28][29] - Black Friday will provide crucial insights into consumer spending behavior and retailer performance as the holiday season approaches [33][34]

🚀 CMC Market Pulse: Cycle’s Over, Pack It UpBTC -11.6%, ETH -11.5%! $3.05T market cap. Sellers everywhere: OGs, miners, institutions. Bitcoin breaks new lows as quantum fears resurface and key holders exit.Let’s break down this week’s top crypto narratives 🧵1/6 https://t.co/64BZG8SsLt ...

🚀 CMC Market Pulse: Cycle’s Over, Pack It UpBTC -11.6%, ETH -11.5%! $3.05T market cap. Sellers everywhere: OGs, miners, institutions. Bitcoin breaks new lows as quantum fears resurface and key holders exit.Let’s break down this week’s top crypto narratives 🧵1/6 ...

📰 #AscendEX Daily Updates🔷Bitcoin plunges below $82,000, with a 24-hour drop of 8.47%.🔷Tether's gold reserves surge to 116 tons.🔷Six major Japanese asset management companies are considering launching cryptocurrency funds.#AscendEX #Crypto #CryptoNews https://t.co/7zTYaRm2T1 ...

JUST IN: Bitcoin falls under $86,000. https://t.co/rzFxdQ8MJQ ...

Market Trends - Bitcoin price falls below $88,000 [1]

The great crypto crash entered a new phase as Bitcoin plunged to its lowest level in seven months, extending the more than $1 trillion wipeout across the digital‑asset world. Read more: https://t.co/3lETtNEYXh📷️: Camilo Freedman/Bloomberg https://t.co/l0riezyOMR ...