Crypto Rests After Another Rise

The cryptocurrency market is near 6-week highs, with capitalisation near $2.44 trillion, adding 0.5% in the last 24 hours. A wait-and-see attitude and some profit-taking replaced active buying in the last three days starting Friday.

FXStreet04:06 ET

Stock Futures Inch Higher, but Biden's Withdrawal Adds to Increasingly Uncertain Outlook for Markets

President Joe Biden has officially dropped out of the race for president, injecting even more uncertainty into the outlook for markets at an increasingly critical juncture.

MarketWatch20:52 ET

What does Biden's withdrawal mean for the global financial markets?

USA current President Joe Biden announced that he will not seek re-election, and supports Vice President Kamala Harris as the Democratic candidate. This news was released at a critical moment less than four months before the November election, which may exacerbate the instability of Wall Street.

Zhitong Finance03:08 ET

Trump-Themed MAGA Coin Plunges 8% As Joe Biden Quits Presidential Race

The U.S. political landscape saw tectonic shifts as incumbent Joe Biden dropped out of the 2024 presidential contest against his arch-rival Donald Trump.

Benzinga23:47 ET

Biden's withdrawal leads to bullish sentiment in the cryptocurrency market! Crypto may become the biggest winner of the "Trump trade".

If Trump takes office again, those bitcoin miners and crypto companies that have been blocked from listing in the US may become big winners in the digital asset field.

Zhitong Finance21:59 ET

'Trump Trade' Momentum May Ease in Short-Term -- Market Talk

It looks likely the momentum of so-called "Trump trade" may ease in the short term to reflect changing risks, in the wake ofPresident Biden not seeking re-election, says Shawn Lee, portfolio manager at SG Hiscock & Company.

WSJ21:47 ET