Caroline Hepker
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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.