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Bitcoin (BTC) Price Falls Below $100K for First Time Since June

Bitcoin (BTC) has fallen below the $100,000 mark for the first time since June, signaling its weakest price amidst a significant market correction affecting cryptocurrency as a whole. This decline follows a drop of over 20% from its peak of more than $126,000, reached just one month prior on October 6. The price briefly dipped below $100,000 before rebounding to around $101,300. Notably, this drop came after the Federal Reserve's unexpected hawkish remarks, dampening expectations for another interest rate cut. Recovery attempts have been met with sell-offs, with previous bounces above $110,000 quickly turning into further declines. This volatility marks a continuation of turbulent conditions within the crypto market, further complicated by various external economic factors that influence investor sentiment.

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CoreWeave Shares Drop 9% on Weak Outlook and Data Center Delays

CoreWeave's shares experienced a 9% drop, falling below $100 for the first time since September, following warnings regarding fourth-quarter results impacted by delays from a third-party data center developer. Although the company reported third-quarter revenue of $1.36 billion and an EPS loss of $0.22, both exceeding

CoreWeave Shares Drop 9% on Weak Outlook and Data Center Delays

CoreWeave's share price fell by 9% to $96 after the company warned about data center delays impacting its fourth-quarter results. This decline marks a significant drop below $100, the first since September. Despite reporting strong third-quarter earnings with revenue of $1.36 billion and an EPS loss that

CoreWeave Shares Drop 9% on Weak Outlook and Data Center Delays

CoreWeave's share price has dropped 9% to $96 following a warning about impacts from data center delays on its fourth-quarter results. This decline marks the first time shares have fallen below $100 since September. The company reported a Q3 revenue of $1.36 billion, surpassing expectations, despite facing