Bitcoin Drops Below $77,000: US Inflation and Yields Tighten Markets
Bitcoin retreats alongside stock markets following a higher-than-expected US PPI. Oil above $100 and long-term rates at their highs increase pressure on risk assets.
BreakingEconomy — Markets, stocks, banks and macroeconomics
Markets, stocks, banks and macroeconomics
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Bitcoin Bancorp acquires thousands of Bitcoin Depot ATMs: rock-bottom liquidation
Bitcoin Bancorp has acquired over a quarter of Bitcoin Depot's kiosks for $620,000. The court-ordered sale reshapes the value of the physical network.
Oil Tops $105, Wall Street Retreats: Energy and Rates Return to Dominate Markets
Brent crude tops $105 and US crude surpasses the 100 mark. The new energy shock weighs on stock markets and pushes Treasury yields higher.
US Inflation, Producer Prices Rise 5.4%: Diesel Reignites Fed Risk
US PPI accelerated to an annual 5.4% in August. Energy, and particularly diesel, is once again driving upstream economic costs on the eve of the Federal Reserve meeting.
Apple stock rises after foldable iPhone: Wall Street bets on the new Ternus era
Apple shares gain nearly 3% following the unveiling of the first foldable iPhone and the start of the new phase led by John Ternus. For the market, what matters most is the chance to reignite the growth cycle.