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Dow Jones ended at $33,482.72 (+0.24%)

S&P 500 ended at $4,090.38 (-0.25%)

Nasdaq Composite ended at $11,996.86 (-1.07%)

The Nasdaq Composite continued its decline for the third consecutive day. Investors moved away from growth stocks due to concerns about the weakening of the U.S. economy. This trend was also reflected negatively in the S&P 500 index. However, the Dow Jones Industrial managed to see a slight gain, mainly driven by better performance from healthcare stocks.


Bitcoin rose by 0.38% with a value of $28,258.29 as of 3:00 PM CST, as stated by Coin Metrics.

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JUNE 24, 2024

CRYPTOS PLUNGED The cryptocurrency market is currently experiencing significant losses, marked by its second-largest weekly drop in 2024. This downturn reflects decreasing demand for Bitcoin exchange-traded funds (ETFs) and ongoing uncertainties surrounding monetary policy. An index from Bloomberg tracking the top 100 digital assets reported a 5% decline over the past week, the steepest since […]

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STOCK MARKET Dow Jones ended at $39,150.33 (+0.04%) S&P 500 ended at $5,464.62 (-0.16%) Nasdaq Composite ended at $17,689.36 (-0.18%) The stock market ended the week with mixed performances primarily due to the influential decline of the major player in the technology sector, Nvidia, which dragged down the S&P 500 and Nasdaq Composite. Meanwhile, the […]

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JUNE 21, 2024

STEEP OUTFLOWS It has been reported that as of yesterday, Bitcoin exchange-traded funds (ETFs) in the U.S. recorded their fifth consecutive day of outflows, losing over $900 million this week. Data from SoSoValue indicates that the 11 listed ETFs experienced a loss of $140 million on Thursday with $1.1 billion in trading volumes. Grayscale’s GBTC, […]

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