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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.
Crypto markets spent the weekend in the red as hopes for a peace deal between the US and Iran remain fragile. US equity market futures have opened lower as investors await details of US-Iran talks in Switzerland, according to the Kobeissi Letter. Meanwhile, President Trump has.
Bitcoin’s drop to $23,980 remains the worst-case scenario as weaker ETF flows and low US demand show big investors are still cautious. Bitcoin (BTC) could tumble by over 60% to under $24,000 in 2026, according to technical analyst Jesse Olson, if the stock market experiences a.
With layoffs near historic lows and unemployment holding at 4.3%, the odds of a Fed rate cut keep shrinking, and Bitcoin keeps paying the price. Good news for the American worker came at the worst possible moment for Bitcoin. Initial jobless claims fell by 4,000 to 226,000 for.
Japanese interest rates reach Bitcoin through the yen carry trade, so the Bank of Japan's hike to 1% tested crypto's exposure to global leverage. The Bank of Japan raised its benchmark interest rate to 1% on June 16, the highest level the country has seen since September 1995.
Bitcoin’s drop below $63,000 shows traders are looking past Hormuz relief and pricing the Fed’s hawkish rate outlook back into risk assets. Bitcoin traded at $63,030 on June 18, down about 2% on the day, after whipsawing from an intraday high of $64,731 to a low of $62,263.
Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain.
