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

NEW YORK (AP) — U.S. stocks gave back some of last week’s rally, as bitcoin fell again on Monday. The S&P 500 slipped 0.5% and broke a five-day winning streak. The Dow Jones Industrial Average dropped 427 points, or 0.9%, and the Nasdaq composite dipped 0.4%. Last week’s rally was largely due to rising hopes that the Federal Reserve will cut its main interest rate next week to help shore up the slowing job market. Such hopes are still high, with traders betting on a roughly 85% chance the Fed will cut at ...

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 ...