00:00It's Benzinga bringing Wall Street to Main Street.
00:02Cryptocurrencies and stocks climbed on Wednesday, while gold slipped after Trump backed off planned
00:07tariffs on Europe tied to Greenland, according to Benzinga. Bitcoin snapped a week-long losing
00:12streak and climbed above $90,000, while Ethereum moved back above $3,000 as the broader crypto
00:19market advanced. Cryptocurrency-related stocks also gained, with strategy rising 2.23 percent
00:25and bitmine immersion technologies up 3.93 percent. More than $630 million in positions
00:32were liquidated in a 24-hour period, according to Coinglass, with nearly even long and short
00:38liquidations. The stock market rebounded on Wednesday, with the Dow Jones Industrial Average
00:43up 1.21 percent, the S&P 500 rising 1.16 percent, and the Nasdaq Composite gaining 1.18 percent.
00:52Spot gold fell 1.07 percent to $4,785 an ounce as risk appetite returned.
01:00For all things money, visit Benzinga.com.
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