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Crypto
Bitcoin rises above $65,300 on weak U.S. jobs data, sets August high
Bitcoin rose above $65,000 after weak U.S. employment data and set a new August high. Cointelegraph reported it climbed to $65,340 on Bitstamp, up 1.3 percent on the day. U.S. data showed July nonfarm jobs fell by 23,000 and the unemployment rate was 4.1 percent, little changed from the prior month. Previous job gains for May and June were revised lower.
Crypto
Asia chip stocks plunge hits Wall Street, bitcoin breaks below $63,000
Bitcoin fell below $63,000 as U.S. markets opened, hitting its lowest level in 10 days. Cointelegraph reported that a sharp drop in Asian semiconductor stocks spread to U.S. technology shares, weighing on the cryptocurrency market. The Nasdaq Composite Index fell more than 1 percent, while Micron Technology slid in early trade. South Korea’s KOSPI and SK Hynix tumbled, and Japan’s Kioxia Holdings also dropped. Crypto derivatives markets also weakened.
AI & Enterprise
U.S. chip stock selloff spreads to Asia, SoftBank slides 8 percent
Japanese technology shares fell sharply as a selloff in U.S. semiconductor stocks spread across Asia, CNBC reported on Thursday. SoftBank dropped 8.8 percent, while Tokyo Electron fell 9 percent and Advantest slid 9.4 percent. Kioxia sank more than 14 percent after a Texas federal jury found infringement of Viasat memory technology patents and ordered $229 million in damages. South Korean markets were shut for a holiday.
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Crypto
Bitcoin slides to $70,000 as whales and top traders raise long bets
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Finance
Potato derivatives post month\'s best return after 705 percent surge
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Finance
Citadel Securities sees stock, bond rally as worst-case Iran risk fades
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Crypto
Bitcoin shaken by Hormuz closure risk; Bloomberg says it could fall into $10,000 range
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Crypto
Bitcoin jumps from $60,000 to $70,000 in a day as altcoins soar in double digits
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AI & Enterprise
AI fears spread, software and information services firms hit in stock market selloff