Tag: Crypto

Bitcoin Caught in Crossfire as Tech Stocks Unravel

Nasdaq 100 futures dropped 2% today alongside a 1.1% decline in S&P 500 futures, while South Korean tech stocks tanked as much as 10% before trading was briefly halted. The past few weeks have spelled trouble for tech valuations overall with June 5th seeing the biggest daily drop for...
Read More

SpaceX Stock Slide Shows How Crypto Rails Are Tracking Private-Market Hype

TL;DR SpaceX shares fell sharply after their post-IPO surge, adding pressure to a crowded speculative tech trade. Cathie Wood’s Ark Invest reportedly bought the dip, showing institutional appetite even as volatility rose. The move matters for crypto because SpaceX-linked pre-IPO and public-market products have become a new speculative rail...
Read More