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Cryptocurrencies
Bitcoin Critic Peter Schiff Predicts USDT Will Eclipse BTC
Bitcoin dropped to around $61,500 in recent days, its weakest level in roughly four months, and Peter Schiff wasted no time connecting that slide to a broader argument he has been making about stablecoins. Related Reading: Bitcoin Faces Pressure As Investors Rotate Capital Into AI Buildout: Saylor A...NewsBTC
Fri, Jun 5
Technical Analysis
Forecasting the upcoming week: US Dollar ends week higher after strong NFP
The US Dollar (USD) rallied to near 100.10 on Friday, rising from a daily low of 99.16, after the US Nonfarm Payrolls (NFP) report showed the economy added 172K jobs in May, well above the 85K expected, reinforcing expectations that the Federal Reserve (Fed) could raise interest rates later this yea
Fxstreet
Fri, Jun 5
Market Movers
Caterpillar Inc Stock (CAT) Moved Down by 3.68% on Jun 5: Facts Behind the Movement
• Caterpillar stock experienced intraday volatility near highs. • Rising input costs and economic uncertainty pressure industrial sector. • Strong AI-driven demand and outlook support Caterpillar's fundamentals.
TradingKey
Fri, Jun 5
Market Movers
Ge Vernova Inc Stock (GEV) Moved Down by 3.76% on Jun 5: Key Drivers Unveiled
• GE Vernova CEO sold shares; company faces legal setbacks. • Inflationary pressures and rate hike fears impact growth stocks. • Analysts deem GE Vernova overvalued despite strong fundamentals.
TradingKey
Fri, Jun 5
Market Movers
Seagate Technology Holdings PLC Stock (STX) Moved Down by 7.70% on Jun 5: Drivers Behind the Movement
• STX closed down today due to macroeconomic factors. • Strong U.S. jobs report signals prolonged higher interest rates. • Company had strong earnings, AI data center demand, and lawsuit settlement.
Market Movers
Meta Platforms Inc Stock (META) Moved Down by 5.23% on Jun 5: Drivers Behind the Movement
• Meta stock declined due to jobs report and analyst downgrades. • EU regulatory challenges and AI investment concerns persist. • Turkey launched AI practices investigation impacting Meta.
TradingKey
Fri, Jun 5
Market Movers
Western Digital Corp Stock (WDC) Moved Down by 9.41% on Jun 5: A Full Analysis
• Ex-dividend date and convertible debt dilution impacted WDC. • Broad market concerns and insider selling also pressured WDC. • WDC shows moderate media attention with a bullish market sentiment.
TradingKey
Fri, Jun 5
Economic Indicator
Breaking: Bitcoin slips below $60,000 for the first time since 2024
Bitcoin (BTC) has breached below $60,000 at press time on Friday, recording a 20% crash so far this week. Institutional selling and weak derivatives weigh on Bitcoin’s pullback, deepening downside risks as buyers lose the critical $60,000 support band.
Fxstreet
Fri, Jun 5
Economic Indicator
Thai Baht: BoT seen holding rates as inflation stays supply-led – UOB
UOB’s Global Economics & Markets Research, led by Enrico Tanuwidjaja and Sathit Talaengsatya, argues that Thailand’s latest Consumer Price Index (CPI) data confirm a cost-push rather than demand-led inflation backdrop.
Fxstreet
Fri, Jun 5
Forex
New Zealand Dollar heads for a 3% weekly loss as robust US payrolls data lifts the US Dollar
NZD/USD slips to its lowest level since April on Friday as the US Dollar (USD) receives fresh bids in the wake of solid US Nonfarm Payrolls (NFP) data. At the time of writing, the pair trades around 0.5800 and is heading for a weekly loss of nearly 3%.
Fxstreet
Fri, Jun 5
Cryptocurrencies
SEC’s Crypto Advocate Says Blockchain Code Is Protected By The Constitution
A federal securities regulator is drawing a line between writing blockchain code and being responsible for how that code gets used — and the distinction could reshape how the government treats software developers in the decentralized finance space. Related Reading: Bitcoin Falls To $61,300 As Mt. Go...Bitcoinist
Fri, Jun 5
Economic Indicator
US yields rocket as stellar NFP sparks Fed hike bets
US Treasury yields skyrocket across the whole curve on Friday, with the 2-year Treasury note yield rising over twelve basis points, while the benchmark note, the 10-year, surges six basis points following an outstanding Nonfarm Payrolls report.Fxstreet
Fri, Jun 5
Market Movers
SanDisk Corporation Stock (SNDK) Moved Down by 10.38% on Jun 5: A Full Analysis
• Macro concerns, high valuation, and jobs report impacted SanDisk. • Strong financials and analyst targets contrast with valuation concerns. • Insider selling and technicals suggest mixed investor sentiment.
TradingKey
Fri, Jun 5
Market Movers
Palantir Technologies Inc Stock (PLTR) Moved Down by 4.02% on Jun 5: What Signal Does It Send?
• Palantir's stock declined due to valuation concerns and regulatory risks. • UK parliamentarians called to terminate Palantir's NHS contract. • Mixed analyst sentiment reflects growth prospects versus risks.
TradingKey
Fri, Jun 5
Featured Tools
Top News
SpaceX Stock Price Trend Forecast: SpaceX Sees First Pullback After Listing, Pre-Market Stock Price Falls Over 3% Again Today, Will the Stock Price Rise in June?
SpaceX Stock Forecast: SPCX Falls From $225 to $206 as Former Nasdaq Chief Warns It’s Not Trading on Fundamentals
June Fed Decision Delivered: Rates Held Unchanged but Dot Plot Significantly Raised, 9 Back Continued Rate Hikes in 2026.
Gold Price Forecast: Hawkish Fed Triggers Gold Plunge, Can US-Iran Agreement Push Gold Past $4,360?
US Stocks Close: FOMC Sparks Rate Hike Expectations to Pressure Markets, Three Major Indexes Fall Across the Board, Nasdaq Drops for Second Day, SpaceX Reverses Gains to Fall 5%
