• November 13, 2024

Cardano Falls 10% In Selloff

- Cardano was trading at $0.5274 by 23:37 (04:37 GMT) on the Index on Wednesday, down 10.46% on the day. It was the largest one-day percentage loss...

  • November 13, 2024

Stock market today: Asian stocks dip as Wall Street momentum slows with cooling Trump trade

Asian stocks on Wednesday followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory. Japan’s benchmark Nikkei 225 slipped 1.1% in morning trading to 38,953.44, as wholesale inflation reached its highest level since July of last year. The increase was partly attributed to the decline of the Japanese yen against the U.S. dollar.

  • November 13, 2024

Stocks slide on unease over jump in bond yields as US inflation eyed

Asian stocks slumped on Wednesday as a sharp rise in U.S. bond yields unnerved investors ahead of key inflation data that could inform the pace of Federal Reserve policy easing. Bond yields have soared since Donald Trump was elected back to the White House last week on expectations lower taxes and higher tariffs will push up the fiscal deficit and increase government borrowing. Trump's proposed policies are also seen by analysts as fuelling inflation, potentially impeding the path to lower Fed interest rates.

  • November 13, 2024

Bitcoin Rally Cools After More Than 30% Jump Since Trump Victory

(Bloomberg) -- A surge in Bitcoin has paused as traders assess the remaining market impact of President-elect Donald Trump’s rhetorical support for crypto.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictThe digital asset is up about 32% in the wake of Trump’s Nov. 5 election victory, hitting a record