Bitcoin falls below $65,000 to wipe out ‘Trump rally’
Original Report
Cryptocurrency returns to November 2024 level as it is swept up in tech stock sell-off
Glass House Analysis
This story reflects the interconnected nature of modern economic systems, where developments in one sector inevitably affect others. Understanding these connections is essential for grasping how policy decisions and market movements translate into real-world outcomes for families, workers, and communities. The economy is not an abstract system of numbers—it's the sum total of decisions about who works, who prospers, and who struggles.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
Reddit reported fourth-quarter earnings and revealed strong guidance and $1 billion buyback
Reddit reported fourth-quarter earnings on Thursday in which the social media company beat on the top and bottom lines.
Amazon stock falls 10% on $200 billion spending forecast, earnings miss
The company also said it expects capital expenditures to hit roughly $200 billion in 2026, compared with analysts estimated $146.6 billion.
Why Uber’s cheap stock is worth a fresh look despite the company’s spending spree
Uber’s stock has fallen more than 20% off peak levels due to concerns about costly futuristic plans, but Deutsche Bank analysts say the investments are worthwhile.
Why Alphabet’s stock is falling despite booming cloud growth
Shares declined Thursday as Google’s staggering $185 billion capital-expenditure forecast overshadowed a blowout fourth quarter.