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Crypto slide: Bitcoin falls below $70,000 for first time since Donald Trump election win, risk-off mood weighs

Bitcoin slipped below $70,000 on Thursday for the first time since Donald Trump’s election victory in November 2024, as the world’s largest cryptocurrency remained under pressure from a broader pullback in risk assets, AFP reported.The cryptocurrency dropped to as low as $69,821.18 before moving back above the $70,000 level. The decline comes after Bitcoin had…

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FPI outflows resume in November: Rs 3,765 crore offloaded; global risk-off cues and high domestic valuations hit sentiment

Foreign investors withdrew a net Rs 3,765 crore from Indian equities in November following October’s brief respite, influenced by global risk-off sentiment, instability in global technology stocks and a preference for primary over secondary markets.This November decline followed October’s net inflow of Rs 14,610 crore, which had interrupted three consecutive months of outflows — Rs…

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Market watch: Asia stocks slide as risk-off mood deepens; oil extends weekly losses

File photo (Picture credit: AP) Asian equities slumped on Friday as renewed fears around overstretched tech valuations and ambiguous US jobs data pulled investors sharply away from risk assets. The downturn came despite Nvidia’s blockbuster earnings earlier in the week, which had briefly revived confidence in the strength of the AI sector.According to news agency…

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