-- Bitcoin again poked above the $70,000 level and flirted with a gain for a fifth straight session, reflecting greater confidence in global markets about the prospect of Federal Reserve interest-rate reductions this year.Stock Pickers Defy Wall Street Norm to Risk It All on a Few Bets
Top-five coins including Ether, BNB and Solana have climbed over the past 24 hours. Tokens beloved by the meme crowd, such as dogwifhat, are also up. Bitcoin in recent days struggled to hold climbs above $70,000 but optimists are drawing succor from a stretch of inflows into dedicated US exchange-traded funds as well as moves in Washington toward a crypto regulatory framework.A short-term, 30-day correlation between between Bitcoin and the Nasdaq 100 Index of US technology stocks is around the highest since early 2023, suggesting that further gains in the equity gauge may be accompanied by a move higher in the crypto market leader.
In an update posted at 9 p.m. last night NYSE said it would "bust" all the "erroneous" trades of Berkshire Hathaway stock at or below $603,718.30 a share. -- Axos Financial Inc., which has lent to properties including former President Donald Trump’s flagship New York tower, plunged after Hindenburg Research said it was short the stock because of the bank’s exposure to problematic commercial real estate loans.
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