@panic-drop
Happy Thursday all, what a strong move in crypto! If you missed the past 24 hours in crypto and stocks, here's your full recap:
π¨ Major Headlines & Market Moves π¨
β Robinhood CEO Vlad Tenev says tokenization is going to "eat the entire financial system."
βBitcoin hits $119,400 , now trades around $118,500.
β $330,000,000 worth of Bitcoin & Ethereum shorts liquidated in the past 24 hours.
β Bitcoin overtakes Amazon's market cap to become the seventh-largest asset.
β 74% chance Bitcoin will hit $125K before January 2026, per traders on Kalshi.
β Foreign holdings of US equities have crossed above $20 trillion, a record high.
β S&P 500 closed at another all-time high, its 29th of the year.
β Elon Musk becomes first person in history to surpass $500 billion net worth.