Sun, Feb 25, 2024 3:01 PM
Impact of Rs 2,000 notes withdrawal: Currency-in-circulation growth dips
A Flip by Shubhangi Gupta
Pharmaceutical stocks decline as President-elect Donald Trump taps Robert F. Kennedy Jr., a vaccine skeptic, to run the Department of Health and Human Services, sparking concerns over the industry's future. Vaccine makers Sanofi and GSK plunge over 4%, while US-listed Moderna, Pfizer, and Novavax also fall.
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Bitcoin fell to $88,000 from a peak of $93,000 leading to $120 million in liquidations. The market is now pricing in a 66% chance of a 25 basis point cut in the December FOMC meeting, down from Thursday’s 83%. XRP zoomed 17% in the past 24 hours to beat gains in bitcoin {{BTC}] and majors, as shifting U.S. regulatory climate supported growth in tokens previously hampered by SEC's actions.
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Bhutan Cashes out $33.5B in Bitcoin, Still Holds $1.11B in BTC The Royal Government of Bhutan has sold 367 Bitcoin (BTC), worth about $33.5 million through major cryptocurrency exchange Binance. According to Arkham Intelligence, a blockchain analytics firm that tracked the transaction, the sale occurred Thursday morning when Bitcoin reached an intraday high of more than $90,000.
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