Strategy, Bitmine, Coinbase Surge Over 12% as CLARITY Act Optimism Builds

Wall Street Rallies as Fed’s Waller Hints at September Rate Hold: Stock Market Today

Stocks rallied and Treasury yields retreated from three-year highs after Fed Governor Waller signaled he could back a rate hold, sending bitcoin above $80,000.

Summit Therapeutics, HUTCHMED, Tesla And Other Big Stocks Moving Higher On Thursday

U.S. stocks rose Thursday; Summit Therapeutics jumped 10.1% after Phase III results, while Snowflake and other stocks rallied.

Shares of software companies are trading lower after August's hotter-than-expected payrolls report increased expectations that the Federal Reserve could raise interest rates at its next meeting. A stronger U.S. dollar and higher rate expectations are weighing on growth stocks by reducing investor appetite for higher-risk assets.

Shares of crypto-related companies are trading lower amid a decline in Bitcoin prices following August's hotter-than-expected payrolls report, which boosted expectations for a potential Federal Reserve rate hike at its next meeting. A stronger U.S. dollar and higher interest-rate expectations are further weighing on crypto and other risk assets by reducing investor appetite for speculative investments.

Crypto and Gold Miners Sell-Off as Hot Jobs Data Cement September Fed Hike

Gold miners fall 1.9% and Bitcoin proxies sell off after August payrolls beat by 106,000, pushing September Fed hike odds to 60.2% from 49.4%.

What's Going On With BitMine Immersion Stock Friday?

BitMine (BMNR) dips 5% premarket after a 14.7% surge. B. Riley raises target to $30 as ETH bet & technicals signal bullish momentum.