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The world’s largest cryptocurrency has shown its resilience, rallying despite two potential setbacks.

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.03%, and the actively tr

Fed Rate-Hike Fears Fade, Igniting $80K Bitcoin and Crypto Stock Frenzy

The Dow added more than 600 points after Federal Reserve governor Christopher Waller said he could support holding rates steady.

The stock market rose Tuesday amid lower oil prices and yields, but cautiously heading into Fed inflation data and Nvidia earnings.

Bitcoin (BTC-USD) surged past $70,000 after Trump met with cryptocurrency leaders at the White House and called on Congress to pass the CLARITY Act. Yahoo Finance Fed Correspondent Jennifer Schonberger reports on who was among the two dozen attendees at the meeting and whether there is real progress on the stalled digital asset legislation.

Robinhood Markets posted ‌a rise ‌in second-quarter profit ​on Wednesday, as volatility in the markets ‌spurred higher ⁠trading activity on its ⁠platform. The Menlo Park, California-based ​company's ​profit ​was $573 million, ‌or 62 cents per share, for the three months ended ‌June 30, ​compared ​with $386 ​million, or ‌42 cents per ​share, ​a year earlier.

Retail sentiment remains ‘bearish’ on SPY and QQQ. Further weakness in QQQ will put it on track for the longest losing streak since August 2025.

(Bloomberg) -- Charles Schwab Corp. reported earnings that topped estimates as retail investors continued to jump in and out of the market amid volatility sparked by geopolitical uncertainty.Most Read from BloombergYemen’s Houthis to Impose Maritime Blockade on Saudi ArabiaChina AI Sensation Moonshot’s Gamble on Big Models Pays OffTrump Vows 50% Tariff on Canadian Goods Using Depression-Era LawMoonshot’s Kimi K3 May Be More About Memory Than ComputeUS Strikes Iran in Escalating Campaign After Tr