Live Tariff updates: Trump escalates threats on China as markets remain jittery CCC - CoinMarketCap • USD Revest Finance USD (RVST-USD) Follow 0.005484 -0.001128 (-17.06%) As of 5:16:00 PM UTC. Market Open. Data provided by Related Crypto News Bank stocks, bitcoin falls, Spirit CEO steps down: Market Minute Madison Mills takes a closer look at the top stories as part of today's Market Minute. Big bank stocks, including JPMorgan (JPM) and Wells Fargo (WFC), are moving higher after an initial fall as analysts recalibrate their outlooks to account for mounting recession fears. Bitcoin (BTC-USD) is selling off as other crypto-related names, including Robinhood (HOOD), Strategy (MSTR), and Coinbase (COIN), are mixed today. Spirit Airlines (SAVEQ) stock is in focus after CEO Ted Christie stepped down. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. Trump tariff selloff: 3 things you must know about stocks right now Heavy selling continued in markets around the world on Monday amid the record fallout from President Trump's tariff plan. U.S. futures are deep in the red after having shed an astounding $5.4 trillion in value in the two days since the president revealed big-time tariffs on major companies. The S&P 500 is now at its lowest level in 11 months. Tokyo's Nikkei 225 index tanked 7.8%. Hong Kong's stock market nosedived about 12%, the worst day in more than 16 years. China's Shanghai Composite Index lost 8.4 percent. Yahoo Finance Executive Editor and host of Opening Bid Brian Sozzi breaks down the three things you need to know today to navigate this uncertainty. Bitcoin price falls amid tariff market rout Bitcoin, the world's largest cryptocurrency by market value, fell as global markets plunged amid tariff tensions. US stocks plunge for a 3rd day as Trump's tariffs slam global markets Stock markets posted big losses on Monday as investors fear a global trade war. President Donald Trump has given no sign of backing down on tariffs. Crypto’s Trump Rally Evaporates; XRP Leads Altcoin Losses (Bloomberg) -- Cryptocurrencies wiped out almost all their gains since Donald Trump’s election win in early November as fallout from the US president’s tariff onslaught sparked heavy selling in an asset class he’s vowed to champion.Most Read from BloombergHousing Agency Aims to Relocate Its DC HeadquartersBoston Mayor Wu Embraces Trump Resistance as Campaign Heats UpThis Skinny Mexico City Tower Is Just 14 Feet Wide on One SideThe Irish Hot Press Is the Low-Tech Laundry Trick the World NeedsTrum Bitcoin Price Falls to About $77,000, Smaller Crypto Tokens Plunge Cryptocurrency prices had held up relatively well during last week’s stock-market carnage. Not any longer. Bitcoin fell back to levels last seen just after Donald Trump’s election win, hitting $74,465, its lowest intraday level since Nov. Bitcoin, XRP, Other Crypto Prices Are Under Pressure. How Far They Could Fall. Bitcoin dropped below $82,000 Thursday provoked by Trump’s higher-than-expected tariffs. The pain for crypto investors may just be getting started. OpenAI, Apple, & Meta race to dominate the future of this tech Believe it or not, there are other things going on in the world of business and tech than tariffs and sell-offs in the "Magnificent 7." Take blockchain, crypto and Web3 – three areas that continue to see their fair share of startups seeking to make their names. Yahoo Finance Executive Editor Brian Sozzi sits down with Mysten Labs co-founder and CEO Evan Cheng. Cheng has spent good chunks of time in tech leadership roles at Apple (AAPL) and Meta (META). Since 2021, he has been building the Web3 platform Mylen Labs. The timing looks to have been spot on, as the crypto space has notched several wins under the Trump administration. With President Trump leaning into making the US the bitcoin (BTC-USD) capital of the world, what does it mean for Web3 early entrants such as Mylen Labs? Cheng weighs in,and shares how leadership lessons learned at Apple and Meta are paying dividends at his startup. For full episodes of Opening Bid, listen on your favorite podcast platform or watch on our website. Yahoo Finance's Opening Bid is produced by Langston Sessoms Bitcoin Price Falls Below $82,000, Crypto Stocks Slide After Tariff Plans Bitcoin sank Thursday as investors continued to flee riskier assets after President Trump ratcheted up the trade war. The largest cryptocurrency recently traded around $82,000, down more than 4% from 24 hours ago, according to CoinDesk. Understanding meme coins: What's next for the cryptocurrencies Listen and subscribe to Stocks In Translation on Apple Podcasts, Spotify, or wherever you find your favorite podcast. In this episode of Stocks in Translation, Coinage host and founder Zack Guzman, joins Markets and Data Editor Jared Blikre and Producer Sydnee Fried to discuss the current crypto landscape, focusing on the growth of meme coins as well as their legitimacy. Guzman breaks down major shifts in regulation over these cryptocurrencies and also explains why people of notoriety like President Donald Trump and Argentinian President Javier Milei have meme coins of their own. Twice a week, Stocks In Translation cuts through the market mayhem, noisy numbers and hyperbole to give you the information you need to make the right trade for your portfolio. You can find more episodes here, or watch on your favorite streaming service. This post was written by Lauren Pokedoff. Bitcoin, XRP Price Fall Amid Tariff Fears. What’s Next for Crypto After ‘Liberation Day.’ Cryptos fell in tandem with stocks as President Donald Trump announced reciprocal tariffs late Wednesday. Why an SEC Filing Is Causing DJT Stock to Fall Shares of Trump Media & Technology Group dropped Wednesday after the company filed with the Securities and Exchange Commission to allow a trust headed by President Donald Trump to eventually sell around $2.15 billion in stock, but noted there are no current plans to do so. Trump Media filed a Form S-3 registration statement with the SEC on Wednesday that allows shareholders to periodically sell stock but doesn’t guarantee that the shares actually will be sold. Of those shares, 78,750,000 are common stock, while the remainder are so-called earnout shares issued to Trump on April 26, 2024. Futures get a fresh look: An introduction to Spot-Quoted futures Trade futures at the spot price using Spot-Quoted futures (SQFs). Understand financing adjustments and their impact on your profit and loss. Wells Fargo sees 5 reasons investors should brace for Tesla stock to drop another 50% The bank is skeptical about the timing of a cheaper Tesla model, as well as the success of a coming robotaxi service. Bitcoin, XRP Price Recover. Why Trump Is Failing to Boost Cryptos. The largest cryptocurrency breaks a four-day downward trend amid market jitters around tariffs and recession fears. Bitcoin, XRP Fall Amid Trump Tariff Fears. 3 Things That Could Reignite Cryptos. Bitcoin, XRP and other cryptos struggled as investors prepared for an escalating trade war and new Trump tariffs coming into effect this week. Wall Street is bracing for a grim first-quarter delivery report from Tesla Tesla is undergoing a "brand tornado crisis moment," Wedbush's Dan Ives said. Signs are pointing to a tough Q1 delivery report next week. Why the crypto community is looking for from Trump's SEC pick Paul Atkins, President Donald Trump's pick to lead the Securities and Exchange Commission, was questioned by the Senate Banking Committee on Thursday as part of his confirmation process. In the video above, IDX Advisors chief investment officer Ben McMillan explains why the crypto world is excited about Atkins and Trump's other crypto-related advisers. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. Bitcoin price above $87,000 as Trump's car tariffs shake markets The US president's new tariffs have already stirred fears of further volatility in global equities. Bitcoin and XRP Prices Fall. Why Trump’s Tariffs Are Hurting Cryptos. President Donald Trump has announced automotive tariffs and his Liberation Day levies are set to take effect next week—and that could be bad news for cryptos and other risk-on assets.