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Market Update

Bitcoin holds steady as traders await U.S. labor data; Trump-backed American Bitcoin debuts on Nasdaq

Bitcoin traded flat on Thursday, with broader cryptocurrency markets also moving sideways as traders stayed cautious ahead of key U.S. labor market data and further signals on interest rates. Speculative assets, including digital tokens, faced muted demand as the dollar steadied and investors avoided risk. Bitcoin was last seen at …

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Nvidia’s Dip Signals Broader Chip Sector Risks – Is AI Boom at Crossroads?

Nvidia’s stock fell 0.09% to $170.62, triggering a broader sell-off in the semiconductor sector, with the Philadelphia Semiconductor Index (SOX) dropping about 1%. Concerns over Nvidia’s ability to meet demand for its H100, H200, and Blackwell GPUs, despite the company’s dismissal of supply chain issues, have rattled investors. This volatility, …

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Miran’s Nomination: Will Political Picks Derail Fed’s Fight for Economic Stability?

The Federal Reserve circumnavigates a stormy economic landscape as tariffs fuel inflation and political pressures test its independence. Stephen Miran, President Donald Trump’s nominee for a Fed Governor seat, vows to uphold the central bank’s autonomy if confirmed. Yet, his past missteps, like misstating the Fed’s mandate, raise doubts about …

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