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U.S. debt worries sends crypto stocks crashing
Crypto-linked stocks crashed on Dec. 15 as concerns over U.S. debt and rising funding costs unsettled markets, extending a risk-off mood already seen in technology and AI market. Investors have grown cautious about assets tied to growth, leverage and long-term funding, with crypto stocks among the first to feel the pressure. U.S. stocks closed lower on Monday. On Dec. 16, stock futures slipped as traders turned cautious ahead of November’s U.S. jobs report, which is expected to show slower hiring and could influence the Federal Reserve’s interest-rate outlook. Shares of several companies with crypto exposure ... (full story)
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