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Nasdaq Falls 4.2% on Chip Selloff, Worst Day Since April 2025
Nasdaq falls 4.2% to 25,709 as chip stocks plunge on strong jobs data and rate hike fears. Broadcom and Micron lead declines.
Bitcoin Crashes to $60,922 as Worst Week Since 2022 Deepens
Bitcoin drops to $60,922 in worst week since 2022, down 14% weekly and 30% year-to-date as capital rotates to AI and IPOs.
TRON USD Drops 3.25% Daily: TRXUSD at $0.3191
TRON USD falls 3.25% to $0.3191 amid market pressure. Technical analysis shows oversold conditions with RSI at 32.32 and strong downtrend.
Bitcoin Crashes Below $61K as Strategy Sells, Hedge Funds Flee
Bitcoin drops to $60,912, down 4.2% daily. MicroStrategy sale and AI rotation drive $62 billion loss in crypto treasury holdings.
SNP Faces Tax Probe Over Murrell Embezzlement, June 06
SNP contacts HMRC over potential VAT claims linked to Peter Murrell’s £400,000 embezzlement as First Minister resists independent inquiry calls.
AI Bubble Shows Dot-Com Parallels as Nasdaq Crashes 4%, June 06
Ray Dalio warns AI stocks mirror dot-com bubble patterns as chip stocks crash. Goldman Sachs questions AI ROI amid Broadcom’s weak guidance.
Hong Kong Seizes 52.8M Illicit Cigarettes Worth $238M, June 06
Hong Kong Customs seizes 52.8 million illicit cigarettes worth $238 million in two large sea smuggling cases from May 19-28, 2026.
Nasdaq Crashes 4.18% on Chip Selloff, Worst Day Since April 2025
Nasdaq fell 4.18% to 25,709.43 on June 5 as chip stocks crashed and Treasury yields rose, triggering a broad market selloff.
Taylor Swift Reaches $2 Billion Net Worth, Richest Female Musician
Taylor Swift’s $2 billion net worth makes her the richest female musician ever, driven by the Eras Tour and music catalogue ownership.