Crypto-Linked Stocks Sink as Fresh Bitcoin Selloff Hammers the Sector
Companies tied to the cryptocurrency market slumped on Monday as another wave of Bitcoin (COIN:BTCUSD) selling pressured exchanges, miners, and firms with exposure to digital assets. Bitcoin dropped about 4.4% to $86,429, deepening a retreat that followed its worst monthly performance since the 2021 crypto crash. The decline coincides with a broader risk-off shift at [...]
Dow Jones, S&P, Nasdaq, Futures, Wall Street Set for Early Decline as Investors Lock In Gains After Strong Week
U.S. stock futures signaled a softer start on Monday, suggesting equities may retrace some of last week's strong advance. After a brisk rebound that reversed much of the early-November slump, some investors appear ready to take profits, especially with the major indexes having logged five straight days of gains and inching back toward record territory. [...]