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Cryptocurrency

AI Valuation Reckoning Hits Big Tech as Investors Demand Profits Over Promises

Some of the world’s most valuable technology companies have suffered steep market value losses this year, marking a sharp reversal after years of outsized gains driven by enthusiasm around artificial intelligence. Investors are increasingly questioning whether massive AI-related spending will deliver returns strong enough to justify previously stretched valuations. Microsoft …

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Bitcoin Extends Selloff as Rate Uncertainty Weighs; Strategy Dismisses Liquidation Fears

Bitcoin fell again on Monday, extending a prolonged downturn after cryptocurrency markets recorded four consecutive weeks of heavy losses, as uncertainty over U.S. interest rates continued to sap appetite for speculative assets. The world’s largest cryptocurrency retreated after briefly climbing toward the $70,000 level over the weekend. Bitcoin was last …

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Explainer: Did the U.S. Economy Build Its Narrative on 900,000 Phantom Jobs?

In February 2026, the U.S. Bureau of Labor Statistics (BLS) released its annual benchmark revision, and the findings shocked markets. The update revealed that the American economy had added 900,000 fewer jobs in 2025 than previously reported. This was not a minor correction—it fundamentally reshaped the narrative of labor market …

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Bitcoin Drifts Near $66,000, Set for Fourth Weekly Loss as Risk Aversion Builds Ahead of U.S. Inflation Data

Bitcoin traded near the $66,000 level on Friday, extending a period of subdued price action and heading toward a fourth consecutive weekly decline, as investors remained cautious amid broad weakness across global risk assets and ahead of key U.S. inflation data later in the day. The world’s largest cryptocurrency was …

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U.S. Jobless Claims Dip Modestly, Reinforcing Signs of a Stabilizing Labor Market

The number of Americans filing new applications for unemployment benefits fell slightly last week, offering further evidence that the U.S. labor market is stabilizing after a period of softness, though some underlying weakness remains. Initial claims for state unemployment benefits declined by 5,000 to a seasonally adjusted 227,000 in the …

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Bitcoin Holds Near $67,000 as Strong U.S. Jobs Data Curtails Fed Cut Hopes

Bitcoin traded largely flat near the $67,000 mark during Asian hours on Thursday, as investors digested stronger-than-expected U.S. employment data that reduced expectations for near-term Federal Reserve interest rate cuts. The world’s largest cryptocurrency was last up 0.4% at $67,102.8, remaining capped below the key $70,000 level. Trading activity was …

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