The Nasdaq drops nearly 2% as rising rate hike expectations from the Federal Reserve crush tech valuations and drag Bitcoin below $63,000 in a broad risk

Nasdaq drops 4.2% as Big Tech giants shed $1.1 trillion in market value. Bitcoin falls below $60K amid AI valuation concerns and rising rate expectations.

NEW YORK/LONDON, June 23 : Global stocks fell on Tuesday, dragged by a broad selloff in technology and semiconductor shares as investors kept taking profits on a long rally while…

Wall Street futures plunged Tuesday, led by tech and chip stocks, as investors braced for potential U.S. interest rate hikes and fretted over soaring AI-related spending financed…

The Nasdaq posted its worst day since April 2025 as investors question $650 billion in AI spending plans, dragging Bitcoin below $67K in a broad risk-off

(Bloomberg) -- Global stocks slumped, with Nasdaq 100 futures falling 2.9%, as concerns about frothy valuations ignited a fresh bout of volatility following a two-month surge in…

Bitcoin fell in sympathy with tech stocks on Tuesday, hitting a two-week low as investors appeared to fixate on expectations of rate hikes.

Technology stocks were the biggest weights on the market, especially companies that have seen their values surge amid the frenzy over artificial intelligence technology.

Interest rate fears hit high-flying sectors as oil prices hold steady

Nasdaq Opens Lower as Tech Selloff Deepens

Wall Street fell as chip stocks slid, Fed signals stayed hawkish, bitcoin weakened and Iran talks advanced.

Nasdaq dropped 2.21% on June 23 as semiconductor stocks plunged and Fed rate hike odds hit 85%. Bitcoin and Ether fell with tech in a correlated selloff.

The Nasdaq drops nearly 2% as rising rate hike expectations from the Federal Reserve crush tech valuations and drag Bitcoin below $63,000 in a broad risk

Market sentiment declined as Nasdaq fell over 2%. Tech stocks, including Micron and SanDisk, tumbled. Dow closed lower, while S&P 500 and Nasdaq also dropped.