Bitcoin Slides Below $89K to 3-Month Low as Nasdaq Futures Dip, Japanese Yen Sparks Risk-Off Fears
BTC hits three-month as Nasdaq futures point to continued risk aversion in stocks and the anti-risk Japanese yen strengthens against the U.S. dollar.
BTC hits three-month as Nasdaq futures point to continued risk aversion in stocks and the anti-risk Japanese yen strengthens against the U.S. dollar.
BTC hits three-month as Nasdaq futures point to continued risk aversion in stocks and the anti-risk Japanese yen strengthens against the U.S. dollar.
The German economy shrank by 0.2% in the final quarter of 2024 compared with the previous quarter, the statistics office reported on Tuesday, confirming a preliminary reading. Exports of goods and services were down considerably, falling 2.2% compared with the previous quarter, with a higher decline last recorded in the second quarter of 2020, it said. Increasing competition from abroad, high energy costs, elevated interest rates and uncertain economic prospects have taken their toll on the German economy, which contracted in 2024 for the second year in a row.
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(Bloomberg) -- A potential US tariff on oil imports would hand consumers a $22 billion bill as higher costs get passed on, while doing little to stimulate domestic crude production, according to Goldman Sachs Group Inc.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’NYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesAs Visitors Disc
Futures activity hints at an influx of fresh shorts as Monday's bearish marubozu candle points to more losses ahead.
Traders said the current bearish sentiment could be overblown and macroeconomic decisions were key to support market growth.
Planned cuts to defense spending sparked a sell-off for Palantir stock that has continued into this week. Shares have tumbled after touching records.
Berkshire Hathaway shares jumped to a record high Monday after the conglomerate reported over the weekend that its fourth-quarter operating earnings surged more than 70% from a year earlier. Monitor these important chart levels.
Torsten Sløk, chief economist at Apollo, estimates 1 million jobs could be eliminated by the DOGE job layoffs.