A big problem happened in the crypto market, causing a "bubble" to burst.
MicroStrategy, a big software company, lost over 36% of its stock value since November.
The drop happened because the company keeps buying a lot of Bitcoin.
Their strategy of holding so much Bitcoin is risky and affecting their stock price.
POTENTIAL NEW TRUMP PROPOSAL SENDS ALTCOINS HIGHER Cryptocurrencies saw strong gains, led by Solana (SOL), XRP, and HBAR. A report suggested Trump might create a strategic reserve of cryptocurrencies, boosting tokens like SOL, XRP, and USDC. Solana rose 8% to $217, and XRP increased to $3.35, nearing its 2018
BITCOIN PRICE STALLS AT $100.6K AS TRUMP-LINKED TOKENS GAIN POPULARITY Bitcoin price stalled at $100,600 on Wednesday, with a 3% daily gain. Demand for Bitcoin has slowed as traders focus on Trump-related tokens and lending protocols. Bitcoin on-chain transactions dropped by 37% in the last three days. The
GOLD POISED FOR THIRD WEEKLY GAIN ON FEDERAL RESERVE RATE CUT BETS Gold remained near a five-week high on Friday. It is on track for its third consecutive weekly gain. U.S. inflation data increased expectations that the Federal Reserve might cut interest rates this year.
Federal Reserve Governor Christopher Waller spoke about potential interest rate cuts in 2025. He said December's inflation data was promising, and if trends continue, a rate cut could happen in the first half of the year. A rate cut in March is possible if inflation keeps dropping. Waller