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The U.S. dollar fell to multi-month lows against major currencies after the Federal Reserve’s dovish outlook and a significant rise in jobless claims. The Swiss franc gained support from steady interest rates.
Bitcoin Falls Below $90,000 as AI Profit Fears Sour Risk SentimentBitcoin retreated below the $90,000 level on Thursday, extending a broader cryptocurrency sell-off as fresh concerns over the profitability of artificial intelligence investments weighed on technology stocks and dampened investor appetite for risk.
Bitcoin retreated below the $90,000 level on Thursday, extending a broader cryptocurrency sell-off as fresh concerns over the profitability of artificial intelligence investments weighed on technology stocks and dampened investor appetite for risk.
Oracle's Weak Earnings Prompt Concerns Over AI Spending, Pressuring Nvidia and Industry RivalsOracle's disappointing earnings and soaring expenses have raised fears about AI spending sustainability, causing Nvidia and other related stocks to decline amidst heightened competition and concerns over mounting debt.
Oracle's disappointing earnings and soaring expenses have raised fears about AI spending sustainability, causing Nvidia and other related stocks to decline amidst heightened competition and concerns over mounting debt.
A recent buying spree in Bitcoin lifted major alternative cryptocurrencies, but beneath the surface, Solana is showing signs of stress as liquidity evaporates and market leverage remains dangerously high.
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