Stocks end week higher; bitcoin rises to about $82,300
U.S. indexes finished the week with gains, while bitcoin moved up to around $82,300. The update also noted Treasury yields near 5.24% and WTI crude around $91.65.
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U.S. indexes finished the week with gains, while bitcoin moved up to around $82,300. The update also noted Treasury yields near 5.24% and WTI crude around $91.65.
Bitcoin moved up to around $82,500 as U.S. stocks advanced and Treasury yields edged higher. The move was part of a wider intraday risk-on session rather than a standalone catalyst-driven event.
Bitcoin moved up to around $82,600 while major U.S. indexes posted broad gains and Treasury yields edged higher. The move adds to a risk-on session that also saw WTI crude near $91.60 and the Dow up more than 400 points.
Gainers XCHG (NASDAQ: XCH ) stock rose 17.7% to $3.52 during Thursday's after-market session. The company's market cap stands at $272.6 million. Agroz (NASDAQ: AGRZ ) stock moved upwards by 6.35% to $3.85. The company's market cap stands at $3.7 million. NN (NASDAQ: NNBR ) stock increased by 5.97% to $4.25. The company
The Nasdaq composite fell 1.3% in a mixed session as AI-related shares slid after reports of lower-than-expected OpenAI revenue. Oil prices rose after President Donald Trump's remarks on the Middle East war, while Federal Reserve Gov. Christopher Waller said additional rate hikes may be needed.
Bitcoin moved down to around $81,500 in afternoon trade as major U.S. stock indexes stayed lower and Treasury yields eased. The move came alongside broader risk-off action tied to oil, Fed comments and tech-sector weakness.
Bitcoin fell to around $81,500 in afternoon trade as broader markets reacted to higher oil prices and hawkish Federal Reserve comments.
Bitcoin moved down to around $80,800 in Thursday afternoon trading as Wall Street weakened. The move was reported alongside broader declines in U.S. stocks and a drop in Treasury yields.
U.S. stocks fell on Thursday after August producer price data and surging oil prices stoked worries the Federal Reserve will hike rates next week, while rising Treasury yields made stocks less attractive. Heavyweight chipmakers also lost ground.
U.S. equities fell for a second straight session as Treasury yields climbed for a fifth day and crude oil extended gains, with markets increasingly pricing a Federal Reserve rate hike this month.
Gainers Baiya International Group (NASDAQ: BIYA ) stock increased by 47.4% to $4.48 during Thursday's after-market session. The company's market cap stands at $14.2 million. Galaxy Payroll Group (NASDAQ: GLXG ) shares moved upwards by 22.64% to $1.3. The company's market cap stands at $7.4 million. Eos Energy Enterpris
Gainers Icon Energy (NASDAQ: ICON ) shares moved upwards by 11.5% to $1.16 during Thursday's after-market session. The market value of their outstanding shares is at $3.7 million. XCHG (NASDAQ: XCH ) stock increased by 8.6% to $0.62. The company's market cap stands at $57.6 million. Professional Diversity (NASDAQ: IPDN