Bitcoin is sinking. It’s down 4.2% today, falling below $91,000—the lowest in two months. Ethereum is getting hit even harder, dropping 9.3%. Rising Treasury yields are making investors dump riskier bets like crypto.
Let’s break it down.
Crypto Drops, Bond Yields Rise
Bitcoin breaking
Markets are pulling back today as traders wait for December jobs data. Futures for the S&P 500 and Nasdaq 100 are both down -0.2%.
Stocks Fall Before Jobs Data
The numbers are expected to show +165,000 new jobs added in December, with unemployment steady at 4.
Tech stocks are lifting markets today. Nasdaq futures are up 0.96%, driven by excitement over Microsoft’s massive $80 billion AI spending plan.
Treasury yields are climbing, hitting levels we haven’t seen since 2023, and the dollar is slipping for the second day in a row.
Let’s
Markets are lower this morning. Nasdaq 100 futures are leading the drop, down -1.10%. Bitcoin is also losing steam, falling $15,000 from its December high, while Apple is on the verge of a historic $4 trillion market cap.
Let’s break it down.
Market Futures
Markets are off
Check your inbox!
Just one more step—confirm your spot to unlock our exclusive newsletter and member-only premium content
Your link has expired. Please request a new one.
Your link has expired. Please request a new one.
Your link has expired. Please request a new one.
Great! You've successfully signed up.
Great! You've successfully signed up.
Welcome back! You've successfully signed in.
Success! You now have access to additional content.