Reported about 7 hours ago
Despite rising stocks and expectations for a Federal Reserve interest rate cut, the cryptocurrency market is experiencing a downturn. Digital assets, particularly those associated with Donald Trump, have seen significant declines. Tokens and shares tied to Trump's ventures have plummeted, and recent regulatory shifts at Nasdaq may hinder treasury companies profiting from crypto investments. The overall market sentiment is weighed down by concerns over rising token supply and anticipated labor market data affecting trading strategies.
Source: YAHOO