Bitcoin Tests Two-Week Low at $62K as Tech Stocks Waver on Wall Street
Investors are digesting a hawkish Fed, with risk-off sentiment driving a sell-off in AI and crypto
The Guardian AI·
Losses spread globally as investors questioned soaring valuations and spending on AI infrastructure A tech sell-off shook global markets on Tuesday as attention turned away from developments in the US war with Iran and toward the future of AI companies and chipmakers that have driven stock markets to record highs. The tech-heavy Nasdaq index opened 2% lower on Tuesday. The Dow and S&P 500 were also down at opening. Continue reading...
Read full articleInvestors are digesting a hawkish Fed, with risk-off sentiment driving a sell-off in AI and crypto
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, and crypto exchange OKX have launched a joint venture that will operate as a US-regulated broker dealer and futures commission merchant. Former New York Governor Andrew Cuomo will co-chair the venture. The venture will let OKX’s US and international customers access ICE futures […] The post Intercontinental Exchange Partners With Crypto Exchange OKX To Operate as US Broker Dealer; Andrew Cuomo To Co-Chair Joint Venture appeared first on The Daily Hodl.
U.S. markets turned lower Tuesday as a semiconductor-led selloff, hawkish Federal Reserve signals, and softer digital assets overwhelmed earlier relief from Middle East diplomacy. At 10:48 a.m. Eastern time on Tuesday, June 23, 2026, the Nasdaq Composite stood at 25,766.67, down 399 points, while the S&P 500 was at 7,413.96, off 58.83 points. The NYSE […]
Bitcoin stayed volatile while bulls tried to preserve support at local lows while stocks prepared for Micron forward earnings and digested Asia losses.
Nvidia, Micron, Qualcomm, and other major tech names sank Tuesday as the AI rally came under new pressure, but some analysts say this still does not look like a bubble burst.
Iran's refusal to allow IAEA inspections may heighten geopolitical tensions, impacting global markets and investor risk strategies. The post Iran rules out IAEA inspections of damaged nuclear facilities after Vance’s comments appeared first on Crypto Briefing.
Chipmakers led the way down in South Korea, where the main index plunged 10.5 percent. The Nasdaq in the U.S. was down 2.2 percent at Tuesday’s open.
The IPO's success could signal strong investor confidence in SPACs, potentially boosting market activity in diverse sectors. The post Gores Holdings XI prices $312M IPO on NASDAQ under GHXIU appeared first on Crypto Briefing.