U.S. futures, bitcoin fall, Asian markets mixed after Supreme Court nixes Trump's tariffs
In a significant market reaction, Bitcoin saw a sharp decline of nearly 5% early Monday, dropping below the $65,000 mark. This downturn reflects broader investor sentiment as many are retreating from speculative assets amid growing apprehensions regarding potential regulatory changes in the cryptocurrency landscape. The falling prices come in the wake of recent economic developments, including the U.S. Supreme Court's decision to invalidate former President Donald Trump's tariffs, which has added to market volatility. Asian markets displayed a mixed performance, reflecting varied investor responses to these unfolding economic scenarios. As uncertainty looms over the future of cryptocurrency regulations, investors remain cautious, contributing to the ongoing sell-off in Bitcoin and other similar assets.
Originally reported by The Hindu International. Read original article
Related Articles
France's Macron accepts resignation of Louvre museum chief after jewel theft
French President Emmanuel Macron has accepted the resignation of Laurence des Cars, the director of the Louvre Museum, f...
CIA offers tips to potential informants in Iran as Trump considers military action
In a significant development, the Central Intelligence Agency (CIA) has begun outreach to potential informants within Ir...
WorldAn Israel visit — its strategic, economic, regional impact
The Prime Minister's upcoming visit to Israel is poised to significantly enhance India's diplomatic and economic ties wi...
Russia opens criminal investigation against Telegram app founder Pavel Durov
Pavel Durov, the founder of the popular messaging platform Telegram, has disclosed that he is the subject of a criminal...