Sa 6/6 | Daily Crypto & Macro News
Happy Saturday all!
If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
- Stronger-than-expected jobs data pushed Treasury yields higher, with the 10-year note rising above 4.5 percent, contributing to broad market pressure and reduced rate cut hopes.
- Bitcoin fell below $60,000, briefly touching around $59,100.
- Over $1.75 trillion wiped from the US stock market and around $130 billion from crypto market cap in a single day of heavy selling.
- Tech stocks, particularly semiconductors, dropped the most, with the sector down around…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.