American Market Recap: Bitcoin breaks $60,000 and falls to a 20-month low

Wednesday, 24 Jun, 2026 Cryptocurrency Bitcoin breaks $60,000 and falls to a 20-month low Keep an eye on the bitcoin chart as it breaks $60,000. It's gone through that level and touched below the June 5 bottom of $59,125. This is a fresh low since September 2024. At current levels, the ent Stocks US stocks give up the gains as memory and chip names slide The S&P 500 and Nasdaq are both now negative on the day as technology and computer chips in particular sag. The fear is that Micron will report some sort of slowdown in AI demand in today's report Learn more Central Banks BOC minutes: Members agreed the economy was weak Members agreed that the economy was weak; it was still operating in excess supply and there was slack in the labour market The economy was not clearly in recession Data suggested that not a great deal Stocks Micron earnings after the close. With price up 721% from a year ago, is it priced right? A year ago, when Micron reported Q3 FY2025 results, it posted revenue of $9.30B and non-GAAP EPS of $1.91 per share. The stock was trading around ~$120-130/share at that time. The price has since move News U.S. Treasury auctioned off 5 year note at a high yield of 4.20% High yield 4.20% WI level at the time of the auction 4.193% Tail 0.7 basis points versus average of 0.5 basis points Bid to cover 2.35X versus average of 2.33X Directs 25.5% vs average of 22.4% Indire Technical Analysis Silver and Gold continue to cool off. Both trade at new 2026 lows Both gold and silver continue to cool off, falling to new 2026 lows and their weakest levels since the fourth quarter of 2025. Why Gold and Silver Have Fallen to New Lows Higher U.S. Treasury yields: Education Why We Are Raising $2.1 Billion to Build a Prediction Platform Without the Bet The prediction industry has become one of the fastest-growing corners of global finance. Combined monthly trading volume on the largest platforms has climbed to roughly $24 billion, and independent re Technical Analysis The dollar rise continues vs the AUD and the NZD. What are the charts telling traders now? Both the NZDUSD and AUDUSD continue to extend lower , pressured by a more hawkish Federal Reserve and rising U.S. yields. The NZDUSD is on a six-day losing streak , falling from 0.5833 to a low of 0.5 Learn more Stock market update Communication services soar: A glimpse into today's market dynamics Sector Overview The US stock market today shows a vibrant picture, with significant movements across various sectors. The communication services sector is leading the charge with robust gains, highl

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