In the Spotlight
New Fed Chair Kevin Warsh Ditches Rate Signals, Bitcoin Slides as Nasdaq Bounces 1.5%
Key Takeaways Fed Chair Kevin Warsh and the rest of the board held rates at 3.50%-3.75% and eliminated forward guidance at the June 17 FOMC meeting.Bitcoin dropped to an intraday low of $62,236 on Thursday, [...]
-
Key Takeaways American Bitcoin’s reverse split takes effect at 5 p.m. on July 2, 2026.Shares outstanding drop from 1.09 billion to about 73 million after the split.ABTC resumes trading on a split-adjusted basis July 6 [...]
