Investors lose confidence in crypto stocks
Cryptocurrency-based stocks slid overnight, defying a broader upswing in the US market, especially on the Nasdaq. Smaller stocks such as American Bitcoin and Bullish were hammered, joining the sector's decline in past weeks, explains moomoo Australia and New Zealand market strategist Michasel McCarthy. We also cover Broadcom's strong result and a steady decline in BYD, despite strong sales. Watchlist: Broadcom, SharpLink, BYD Check out all these stocks on moomoo's quote page: moomoo.com/quote
The skinny
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