Monday, June 9, 2025

Creating liberating content

U.S. data center operator Vantage has raised 720 million euros

Related News

U.S. data center operator Vantage has raised 720 million euros ($821.4 million) — the first of its kind deal in Europe. The asset-backed securitization (ABS) deal, the first ever euro-denominated

Photo: The Bright Side/ YouTube Optical illusion personality tests are very popular these days as they claim to reveal a person’s true traits in a few seconds. These tests generally

In a major push to break language barriers for millions of passengers, the Digital India Bhashini Division (DIBD) and the Centre for Railway Information Systems (CRIS) have signed a memorandum

Wall Street stocks traded flat on Monday as investors watched closely for signs of progress in trade talks between the US and China, the world’s two largest economies.The S&P 500

IonQ is buying United Kingdom-based quantum computing startup Oxford Ionics in a deal valued at nearly $1.1 billion. Shares gained about 4%. The companies said in a release that the

For the first time in eight years, Ayodhya has seen a sharp revision in its circle rates, with property prices rising between 30% and 200% across various parts of the

Trending News

Wall Street stocks traded flat on Monday as investors watched closely for signs of progress in trade talks between the US and China, the world’s two largest economies.The S&P 500

For the first time in eight years, Ayodhya has seen a sharp revision in its circle rates, with property prices rising between 30% and 200% across various parts of the

Warner Bros. Discovery, the powerhouse behind HBO, CNN, and a vast entertainment empire, has announced splitting into two separate public companies by mid-2025, carving a clear divide between its traditional

China’s export growth lost momentum in May, rising 4.8% year-on-year, a sharp slowdown from the 8.1% surge recorded in April, as per the customs data released on Monday.The deceleration came

Automaking giant Tata Motors is planning massive investment plans for the future, earmarking Rs 33,000 crore to Rs 35,000 crore for FY 26-30 on product actions. The Mumbai-headquartered company is

NEW DELHI: Rapido, the ride-hailing platform, is set to shake up the food delivery market by partnering with restaurants at commission rates nearly 50% lower than those charged by major

Bitcoin slides to $81,000 as Trump tariffs jolt stock market

Word Count: 214 | Estimated Reading Time: 2 minutes


Harun Ozalp | Anadolu | Getty Images

Bitcoin and other cryptocurrencies were under pressure Thursday after President Donald Trump’s big tariffs reveal jolted the stock market.

The price of the flagship cryptocurrency was last lower by 5% at $81,849.63, according to Coin Metrics. Ether fell 7% and the token tied to Solana dropped 13%.

Shares of Coinbase and MicroStrategy lost more than 7% each in premarket trading.

The moves came overnight as investor fears of a global trade war intensified following Trump’s presentation of sweeping tariffs of at least 10% and even higher for some countries.

Stock Chart IconStock chart icon

hide content

Bitcoin (BTC), 3 months

Bitcoin has been trading in the $80,000 to $90,000 range for most of the past month, as investors take cues from the equities market absent a crypto-specific catalyst. David Hernandez, crypto investment specialist at 21Shares, noted it held above key technical support, signaling strong underlying demand.

“Despite the broader risk-off sentiment, crypto markets demonstrated incredible resilience relative to equities,” he said.

“Although the tariff rates were slightly higher than expectations, the announcement provided much-needed clarity on the scope and scale of the policy,” he added. “Markets thrive on certainty, and with speculation now largely removed, institutional investors may see an opportunity over the coming days to take advantage of compressed valuations.”

Don’t miss these cryptocurrency insights from CNBC Pro:



Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account