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Bitcoin Declines Amid Risk-Off Mood With AI Concerns to The Fore
Bitcoin extended a four-week slide amid broader market volatility as investors fretted over the impact of artificial intelligence on the economy. The token dropped as much as 3.2% to $66,604 on Tuesday in New York before paring the decline. Bitcoin, which has tended to move with fluctuations in tech stocks in recent months, mirrored an earlier move lower in US equities but failed to keep pace when they edged higher. “Sentiment is clearly bleak in crypto markets,” said Noelle Acheson, author of Crypto is Macro Now newsletter. “There is strong progress in adoption by traditional institutions, but this is not ... (full story)
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From thestreet.com|Feb 17, 2026Another major U.S. crypto trading exchange has joined the expanding list of digital asset firms backing “Trump Accounts.” Trump Accounts are state-backed or privately sponsored ...
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From abs.gov.au|Feb 17, 2026The seasonally adjusted Wage Price Index (WPI) rose 0.8% this quarter. • Over the twelve months to the December quarter, the WPI rose to 3.4%. • Across both the private and public ...
From youtube.com/markets|Feb 17, 2026Gemini Space Station Inc., the crypto exchange founded by Cameron and Tyler Winklevoss that went public just before Bitcoin’s plunge, said three top executives left the company in ...
From rbnz.govt.nz|Feb 17, 2026|1 commentAnnual consumers price inflation was slightly above the Monetary Policy Committee’s 1 to 3 percent target band at the end of 2025. Increases in food and electricity prices and local council rates were the biggest contributors to above-target inflation. The economy is at an early stage in its recovery. With ongoing strength in commodity prices, economic activity in the agricultural sector and regional New Zealand remains strong. Although residential and business investment is increasing, households remain cautious in their spending. The labour market is stabilising, but unemployment remains elevated. House price growth remains weak, dampening household wealth and inclination to spend. In response to previous cuts in the OCR, economic growth is broadening across sectors of the economy, such as manufacturing, construction and some retail. Economic growth is expected to increase over 2026. RESERVE BANK OF NEW ZEALAND SEES OFFICIAL CASH RATE AT 3% IN MARCH 2029 RESERVE BANK OF NEW ZEALAND SEES ANNUAL CPI 2.1% BY MARCH 2027 RESERVE BANK OF NEW ZEALAND SEES OFFICIAL CASH RATE AT 2.52% IN MARCH 2027 VERSUS 2.34% OCR ON HOLD AT 2.25 PERCENT AS INFLATION EXPECTED TO… Just in | RBNZ projects NZD's Trade-Weighted Index to reach approximately 68.0% by March 2027.
