Bitcoin, the world's largest cryptocurrency by market value, was trading down more than 7% as global markets plunged amid tariff tensions.
US stocks are set for another miserable day. But…
US stock futures were set to open sharply lower for the third straight day after massive routs that plunged stocks close to a bear market. But there was a silver lining – maybe.
Market stress signals are flashing bright
As a rout in global equity markets deepened on Monday amid tariff turmoil, the signs of stress across financial markets have started to flash brightly. "It's quite clear that the market is in a panic," said Van Luu, global head of FX and fixed income strategy, Russell Investments. The asset manager's gauge of investor risk aversion, which incorporates pricing trends and sentiment indicators, was approaching levels last seen in September-October 2022, when global central banks started an unprecedented run of interest rate hikes.
Where Will Bitcoin Be in 10 Years?
In the last 10 years, the world's leading digital asset has produced a monster return of 32,530% (as of April 3). Bitcoin's price is under pressure, down 22% from its peak, due to ongoing macroeconomic uncertainty. Where will Bitcoin be in 10 years?
Trump threatens more tariffs on China as global markets plunge
President Donald Trump threatened additional tariffs on China on Monday, raising fresh concerns that his drive to rebalance the global economy could lead to a trade war. Trump's threat, which he delivered on social media, came after China said it would retaliate against U.S. tariffs announced last week. “If China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th,” he wrote on Truth Social.
Obesity drug data helps Rhythm defy market slide
Study results in a rare form of obesity could help the company expand use of Imcivree, which is approved for two genetically driven forms of excess weight.
Wall Street sinks into bear market as Trump tariffs spark global rout
Wall Street eyes bear market territory as Trump’s tariffs triggered a global selloff. The S&P 500 is projected to drop over 20% from February highs, fuelling recession fears among experts.View on euronews
As tariffs pummel stock prices, venture investors anxiously wait for the impact on consumer spending
VCs gathered at a summit hosted by Red Sea Ventures to discuss consumer tech investing as President Trump announced his tariff plans.
Donald Trump shares video claiming he’s ‘purposefully crashing the market’—but then insists ‘he doesn’t want anything to go down’
President Trump then told media aboard Air Force One: “I don't want anything to go down, but sometimes you have to take medicine to fix something.”
Morning Bid: Stocks crater again, no 'ifs' or 'puts'
The White House does not seem concerned enough about crashing global stock prices to reverse its massive trade tariffs, and the Federal Reserve appears in no hurry to deliver rapid interest rate cuts. * On Sunday, Trump indicated he was not concerned about losses that have already wiped out trillions of dollars in value from share markets around the world. Taiwan's president has taken to X to pledge a "golden age" of shared prosperity with the U.S.