Daily Market Update: Stock Futures Drop as Bitcoin Rebounds From $60K, Amazon Misses Earnings

TLDR Bitcoin dropped to $60,033 before recovering to $65,926 in Friday’s Asian session after Thursday’s 13% crash, its worst decline since November 2022 Leveraged traders lost $700 million in four hours as $530 million in long positions and $170 million in shorts were liquidated during the volatility S&P 500 futures fell 0.1% and Nasdaq 100 [...]

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