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Nasdaq falls over 2%

Nasdaq falls over 2%

Crypto brokerage reaches a $4 billion valuation through word of mouth

  • U.S. shares fell, with the Nasdaq diving more than 2%, as #Facebook-owner #Meta Platforms' dour forecast jolted the broader tech sector and threatened to upend a nascent recovery in stock markets
  • Raghu Yarlagadda's #FalconX has become an industry leader for institutional investors looking to get involved with #crypto - and has been rewarded with a $4 billion valuation
  • The #dollar found some footing, pausing the week's slide as a slump in tech and social media stocks soured appetite for riskier currencies, and as traders awaited central bank meetings in Britain and Europe
  • #USDJPY gained 0.4% in the last session
  • #The last session saw #BTC fall 0.6% against USD
  • #WTIUSD skyrocketed 2.8% in the last session

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