BREAKING NEWS US jobs market blows past expectations, adding 256,000 jobs in December CCC - CoinMarketCap • USD Plata Network USD (PLATA-USD) Follow 0.000292 +0.000003 (+0.94%) As of 2:07:00 PM UTC. Market Open. Data provided by Related Crypto News Bitcoin falls to lowest level since November as Trump rally loses steam in inauguration run-up Bitcoin fell as low as $91,600 Thursday — its lowest level since November. XRP, Bitcoin Stall Ahead of Crunch Jobs Report. But This Can Reignite the Crypto Rally. Friday’s jobs report will likely be another driver of Bitcoin, XRP and the price of other digital coins. Bitcoin ETFs and the race to institutionalise crypto 2024 was pivotal for bitcoin and the crypto market, fuelled by a surge in institutional adoption through bitcoin and ether exchange-traded funds. Bitcoin Languishes as US ETFs See Second-Highest Daily Outflow (Bloomberg) -- After a strong start to the new year that saw Bitcoin retake the $100,000 level, the original digital asset fell on Thursday to its lowest level this year as it struggles to maintain momentum. Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts Why the US under Trump might start amassing bitcoin, and what that means for its price Trump's pledge to create a bitcoin stockpile has been one of the bullish developments that's propelled the token to all-time highs since the election. Tesla, eBay on Facebook, bitcoin falling: Market Minute Yahoo Finance host Rachelle Akuffo examines several of the top trending stocks as part of this morning's Market Minute. Tesla (TSLA) could receive $1 billion from rival EV makers that need aid in meeting carbon emission standards in the European Union (EU). Meta Platforms (META) is testing out eBay (EBAY) listings on Facebook in select regions. Bitcoin (BTC-USD) falls below $95,000 on Wednesday with some Wall Street experts anticipating an even bigger drop in the cryptocurrency's price. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan. Overbought bitcoin is vulnerable to a 13% sell-off, top technical analyst says Bitcoin could drop to support levels around $84,500, Katie Stockton said. The token has whipsawed this week, briefly crossing $100,000 before sliding agin. Bitcoin breaks back above $100K: What are the key drivers? Johann Kerbrat, Robinhood (HOOD) Crypto general manager and vice president, joins Brad Smith and Seana Smith on Morning Brief to discuss bitcoin (BTC-USD)’s recent climb back above $100,000. Kerbrat explores some of the big drivers behind the recent rally. "After the election that we've seen in November, a lot of people are a lot more excited to get into the space because there is this idea of regulatory clarity coming up," he explains. Despite bitcoin's recent rally, Kerbrat suggests that the cryptocurrency's future is still uncertain. "There is a lot of capacity for the price to move and for the assets to be used in a lot of different ways," Kerbrat says. "There is a lot more that we have to see in the next few months before we can really decide how far Bitcoin can go." In the video above, Kerbrat shares more insight on the future of cryptocurrency, explains the importance of new tools for investors, and shares which milestones to watch for as bitcoin's journey continues. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Josh Lynch Nvidia rises, Tencent blacklist, bitcoin rally: 3 Things Nvidia (NVDA) shares are rising Tuesday morning after CEO Jensen Huang made a slew of product announcements in his CES keynote, including new gaming chips and advanced technologies for programming humanoid robots and self-driving cars. Shares of Tencent (TCEHY, 0700.HK) fell sharply after the US added the Chinese social media and gaming company to a list of companies with alleged ties to Beijing's military. After a volatile few weeks, bitcoin (BTC-USD) is back above $100,000 as President-elect Trump's inauguration approaches. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Stephanie Mikulich. XRP and Other Cryptos Are Rising. Bitcoin Price Broke Through $100,000—Again. XRP the popular altcoin that is used to facilitate and settle payments on the Ripple platform, rose 2.6% to $2.45. Cryptos have rallied across the board since November on hopes that the incoming Trump administration will further boost the digital coins. The rally stumbled in mid-December as the Federal Reserve indicated a more hawkish stance in 2025 with fewer rate cuts than previously expected. XRP Price Rises. This Is the Next Catalyst for the Crypto. XRP has surged since Nov. 5 on hopes that the incoming Trump administration will further boost crypto prices. Bitcoin's $100k record rally and what to expect of crypto in 2025 2024 was transformative for bitcoin and the broader cryptocurrency market, signalling a shift toward institutional adoption. Rolexes, homes, and financial security: What bitcoin's latest rally has bought for some patient retail bulls Bitcoin's rally in 2024 pushed its price to new heights. It also created a lot of wealth for everyday traders who have stuck with its ups and downs. MicroStrategy history: Beyond the Ticker MicroStrategy (MSTR) and its chairman, Michael Saylor, are practically synonymous with bitcoin (BTC-USD) these days, but the business intelligence company has been around since 1989. Beyond the Ticker takes a deep dive into the company’s biggest moments. 1989 Back then, it was all about data analytics, and Saylor – fresh out of MIT – was a rising tech star. 1998 With the dot-com boom well underway, MicroStrategy went public under the familiar MSTR ticker at $12 per share. It rocketed to $333 as the dot-com boom peaked. Saylor became a paper billionaire practically overnight and wasn’t afraid to spend his wealth on legendary parties and a yacht, capturing the flashy spirit of the era. 2000 But when the dot-com bubble burst, MicroStrategy’s stock plummeted to just 42 cents, a stunning 99.9% drop. The company had to restate its financials, and the SEC slapped the company with fines. Still, Saylor held on, shifting MicroStrategy’s focus back to enterprise software and slowly dug the company out of its hole. 2010 MicroStrategy was moving into mobile analytics, and Saylor wrote a prescient book about the coming smartphone revolution called, “The Mobile Wave.” 2014 Facing stiff competition, MicroStrategy laid off more than 700 workers, and Saylor cut his own salary to just one dollar. 2020 The pandemic, however, would bring new opportunities. Saylor pivoted MicroStrategy again – this time into bitcoin – arguing that it was a better store of value than cash. 2024 He poured billions of corporate dollars into it. And today, MicroStrategy holds around 439,000 bitcoin with an average purchase price just over $60,000. With bitcoin trading around $100,000 per coin, MicroStrategy’s crypto stash is worth $44 billion. Investors, however, are placing a significant premium on the company, pushing its market capitalization to $89 billion – enough to secure its admission to the Nasdaq 100 (^NDX) on December 23, replacing Super Micro Computer (SMCI.NE). From tech giants to retail titans, Beyond the Ticker is a historical series that takes a deep dive into some of Wall Street's trending companies and how they transformed into the financial icons they are today. Check out more of our Beyond the Ticker series, and be sure to tune in to Yahoo Finance. Editor's note: This video was produced by Zach Faulds. BlackRock's bitcoin ETF sees record daily outflow as crypto pauses its blockbuster rally Traders pulled $333 million from BlackRock's spot bitcoin ETF on Thursday, marking the fund's longest losing streak as the crypto rally pauses. Why the momentum driving bitcoin adoption is just getting started While bitcoin (BTC-USD) has hovered around $96,000 in the first several days of 2025 — a pullback from $107,000 in the final weeks of 2024 — BlackRock's iShares Bitcoin Trust ETF (IBIT) saw $333 million in outflows on Thursday. "Crypto tends to move in these kind of momentum cycles. And so we have to be patient during the quiet times, we have to get excited. So for most investors, you have to think really long term," CoinDesk Indices Managing Director Andy Baehr states, pointing to the Federal Reserve's September and November meetings and the US election as events that pushed bitcoin higher in "clumps." Baehr sits down in-studio with Morning Brief hosts Brad Smith and Madison Mills to talk more about crypto adoption, the outlook on US regulatory frameworks, and the general view on bitcoin ETFs moving ahead in 2025. "The adoption momentum, when you think ahead, is just getting off to a start. And the dialogue change between this time last year and today has been huge. So you can't really look at bitcoin and think of it as something that has a valuation cycle, like a 500-year-old asset. It's still brand new," Baehr tells Yahoo Finance. "Adoption momentum for bitcoin is going to do two things: it's going to continue to support a medium to long term price, and it'll also over time, we believe, help to dampen volatility." To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. XRP Price Rises. What’s Driving the Crypto’s Red-Hot Start to 2025. The token is up about 15% already this year, meaning it's comfortably beating the likes of Bitcoin and Ethereum. Why do people own bitcoin? An expert explains. IDX Advisors Co-Founder and Chief Investment Officer Ben McMillan appears on Market Domination to explore why people own bitcoin (BTC-USD). Bitcoin's price currently hovers above $97,000 in the first trading day of 2025. McMillan highlights the cryptocurrency's evolution from a digital store of value, a potential inflation hedger, and a speculative investment tied to emerging technologies like AI. McMillan shifts to crypto diversification, advising clients to focus on other cryptos like ethereum (ETH-USD) or solana (SOL-USD) in order to have better access to liquidity. "This is where a lot of the innovation is happening and this is where you're seeing a lot of the real world use cases play out," he continues. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Josh Lynch Bitcoin, Vistra, Topgolf Callaway: Market Minute Yahoo Finance host Madison Mills examines several of this morning's top trending stories as part of the Market Minute. Bitcoin (BTC-USD) pops back above $97,000 in the first trading session of 2025 Vistra (VST) shares continue to jump after soaring to the top of the S&P 500's (^GSPC) leaderboard in 2024, when it soared by over 280%. Jefferies upgraded Topgolf Callaway Brands (MODG) shares to a Buy rating from Hold. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan. Dow, stocks open higher as bitcoin bounces above $96K The Dow Jones Industrial Average is leading gains exhibited by the US market averages (^DJI, ^IXIC, ^GSPC) at the start of 2025's first trading day. Morning Brief host Brad Smith and Yahoo Finance markets and data editor Jared Blikre monitor the market and sector action at the session's start, while taking also look at the US dollar (DX-Y.NYB), bitcoin (BTC-USD), and commodity prices of gold (GC=F) and crude oil (CL=F, BZ=F). To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.