Bitcoin Falls Below $100,000 as Risk-Off Mood Weighs on Crypto

Wall Street closed lower as bank CEOs expressed concerns about a potential pullback in the market, raising fears about a tech bubble. Investors are on edge, reflecting uncertainty about the future of the economy.

Loop Capital has set an ambitious new price target of $350 for Nvidia, significantly up from $250. This bold move suggests a staggering $8.5 trillion valuation for the AI powerhouse, showcasing the firm's confidence in Nvidia's future.

New Yorkers are heading to the polls as Bloomberg Markets covers the latest market movements and key issues affecting Wall Street. Today's discussion features insights from former EPA Administrator Gina McCarthy and Bloomberg's Madison Muller and Myles Miller.

Bitcoin has seen a significant drop, losing over 20% from its recent peak and falling below $100,000 for the first time since June. This decline reflects a broader bear market trend, impacting crypto stocks as well. Fred Thiel, CEO of Mara Inc, shared insights on the situation during his appearance on Bloomberg Crypto.

US stocks are experiencing a downturn as investors express concerns over the high valuations of AI companies. Cautious remarks from leading bank executives have further contributed to the nervous atmosphere on Wall Street.

Wall Street heavyweights are raising concerns about a potential pullback in equity markets, signaling that investors should be cautious. Financial analysts are closely monitoring the situation as market dynamics shift.

As Wall Street prepares for the upcoming NYC mayoral vote, analysts are also keeping an eye on the governor races, which could provide insights into the midterm elections. The political landscape is shifting, and the outcomes may influence economic forecasts.

David Dziekanski, CEO of Quantify Funds, discusses the 'debasement trade' and highlights how Bitcoin and gold may perform better as the dollar weakens.

Apollo CEO Marc Rowan has reassured investors by addressing concerns regarding the health of the private-credit asset class, easing worries and highlighting the stability of the sector.

Apollo CEO Marc Rowan has reassured investors by addressing concerns regarding the health of the private-credit asset class, easing worries and highlighting the sector's resilience.

Aviat Networks reported a remarkable 21.4% increase in revenue for Q1 FY2026, surpassing market expectations. This growth highlights the company's strong performance and positive outlook in the telecommunications sector.

Stoke Therapeutics recently presented its Q3 2025 results, showcasing impressive revenue growth alongside significant advancements in its clinical programs. The company's progress highlights its commitment to developing innovative therapies, making it a key player in the biotechnology sector.

Amgen has reported a 12% increase in revenue for Q3 2025, prompting the company to raise its guidance due to strong product performance. This positive trend highlights the effectiveness of their strategies and the growing demand for their offerings.

Corsair's Q3 2025 slides indicate a strong growth trajectory, despite missing earnings forecasts. The company is navigating challenges while showcasing resilience in its performance.