• November 12, 2024

Cardano Climbs 10% In Rally

- Cardano was trading at $0.6314 by 03:07 (08:07 GMT) on the Index on Tuesday, up 10.09% on the day. It was the largest one-day percentage gain since...

  • November 12, 2024

Asia stocks slip, bitcoin at record high as Trump trade whipsaws markets

SINGAPORE (Reuters) -Asian stocks tumbled on Tuesday dragged by Chinese markets and chip shares as investors worried about U.S. President-elect Donald Trump's policies, while bitcoin hit a record peak on bets on assets that are set to benefit from the new administration. Investors anticipate Trump's second four-year term in office will bring equities-boosting tax cuts and looser regulations, lifting the world's biggest and best-known cryptocurrency, bitcoin, to an all-time high of $89,637. But the threat of possible tariffs from the new White House administration has put the euro and China's yuan under pressure.