Caroline Hepker

So, we have a sell-off in tech and software-related businesses in the US and across Asia.

In terms of stock futures for the European market open, it looks a little bit positive.

We're up by about a tenth of 1%.

But what's the

response going to be for those software-related businesses?

We'll get into that in a moment.

In terms of the FX markets, the dollar is flat.

The Japanese yen weakening 0.4% ahead of election results.

Brent crude futures are up by 0.7%, $67.78.

So, more tensions between the US and Iran.

Gold rebounding 2.4%.

We're above $5,000.

Massive sell-off in Bitcoin seems to be slowing down

and at least stable today, $76,000, just above that level for Bitcoin this morning.

That is a look at where we are in the market, Stephen.

I'm Caroline Hepka, and this is Bloomberg.

And I'm Caroline Hepker.

Almost half a trillion dollars has been wiped off cryptocurrencies in less than a week as the sell-off accelerated.

Bitcoin dropped as much as 7%, falling to just under $73,000 on Tuesday, its lowest level since early November.

Famed big short investor Michael Burry is now warning that the plunge could deepen.