Sa 30/5 | 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 🚨
- US stock market records its highest daily and weekly close in history.
- The Dow crossed above 51,000 for the first time, while the Nasdaq Composite crossed above 27,000, marking its third 1,000-point milestone this month.
- US saving rate falls to nearly four-year low in April as households struggle.
- Canada officially enters a technical recession.
- Bitcoin Fear and Greed Index now at Extreme Fear at around $73,600.
- Bitcoin recovers above $73,000 after…
The skinny
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