Express News | After the flash crash on October 11, the total assets of the major whale that opened short positions surged to $665 million, while its ETH holdings incurred a paper loss of $15.23 million.

Breakings13minutes ago

Is Ethereum Primed for a Breakout? KEY Correlation Suggests Why

AMBCrypto18minutes ago

Overnight U.S. Stocks | Nasdaq and S&P 500 Indices Down This Week, Spot Gold Up 2.49%

At the close, the Dow Jones Industrial Average fell 245.96 points, or 0.51%, to 48,458.05 points; the Nasdaq Composite Index dropped 398.69 points, or 1.69%, to 23,195.17 points; and the S&P 500 Index declined 73.59 points, or 1.07%, to 6,827.41 points.

Zhitong Finance07:18

U.S. Stocks Close | Major Indices End Lower Amid Tech Selloff; Storage, Optical Communication Concepts Plunge Across the Board, SanDisk, ALAB Drop Over 14%; Tesla, Apple, Netflix Buck the Trend with Gains

Following Oracle, Broadcom also experienced a significant drop in its stock price due to its AI business, intensifying investor concerns over the high valuations across the AI sector. Reports indicated delays in some of Oracle's data center projects, further dampening market sentiment. The semiconductor index plummeted, nearly erasing all gains since December. The Nasdaq index fell by nearly 400 points in a single day. Despite the Federal Reserve's announcement of a more dovish policy than expected this week, challenges facing artificial intelligence development have led to mixed performances in the U.S. stock and bond markets. The Dow Jones Industrial Average still managed to rise over 1%, marking its third consecutive weekly gain. The cryptocurrency market vividly reflected this week's turmoil, with Bitcoin prices fluctuating sharply between $90,000 and $94,000, yet ending the week almost unchanged.

wallstreetcn07:13

Vanguard Exec Calls Bitcoin a 'Digital Labubu', Even as Firm Offers Crypto ETF Trading

Decrypt05:59

Early Bitcoin Investor Is Going Long on Rival Assets

Yahoo Finance05:47