Today: 21 May 2026
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ARCA:IBTC 31 December 2025

Bitcoin price today slips under $88,000 as year-end trade thins; Coinbase, miners mixed

Bitcoin price today slips under $88,000 as year-end trade thins; Coinbase, miners mixed

Bitcoin fell below $88,000 Wednesday, last down 0.7% at $87,753 as thin trading and rate uncertainty weighed. U.S.-listed spot bitcoin ETFs saw $355 million in net inflows Tuesday, with BlackRock’s iShares Bitcoin Trust reporting $67.8 billion in assets. Initial U.S. jobless claims dropped to 199,000 last week. Coinbase fell 1.1%, while bitcoin miner Riot Platforms gained 1.6% in regular trading.

Stock Market Today

  • Stocks Drop as US-Iran Peace Deal Prospects Dim Amid Oil Price Surge
    May 21, 2026, 12:18 PM EDT. U.S. stock indexes declined Wednesday amid rising crude oil prices and bond yields triggered by doubts over a US-Iran peace deal aimed at reopening the Strait of Hormuz, a critical oil chokepoint. The S&P 500, Dow Jones Industrial Average, and Nasdaq 100 fell about 0.44% to 0.49%. Crude prices jumped over 3% after Iran's Supreme Leader insisted enriched uranium remain in Iran, dampening hopes for a deal. The 10-year U.S. Treasury yield rose 4 basis points to 4.61%. Despite Nvidia's strong earnings, its shares fell 0.6%. Economic data showed stable labor markets and mixed manufacturing signals. The Philadelphia Fed business outlook survey hit a five-month low, while S&P manufacturing PMI rose to a four-year high. Oil market volatility persists amid geopolitical tensions and supply concerns.

Latest articles

Applied Digital’s AI Stock Just Hit a Wall After Its $7.5 Billion Win

Applied Digital Jumps After $7.5B AI Lease

21 May 2026
Applied Digital shares climbed 17% Thursday after the company signed a $7.5 billion, 15-year AI data-center lease for its Polaris Forge 3 campus. The deal lifts contracted lease revenue to $31 billion, or $73 billion with renewals. Shares reached $46.42, up $6.90, with volume at 18.7 million. Analysts raised price targets but noted risks around execution and customer concentration.
John Deere’s 300-Job U.S. Expansion Faces the Layoff Math Behind Its Comeback

Deere stock falls after earnings beat, weak farm demand hurts rally

21 May 2026
Deere & Co shares dropped 7.1% to $520.62 after the company beat quarterly forecasts but held its full-year profit outlook steady. Fiscal Q2 net income fell to $1.773 billion, while large agriculture sales dropped 14% and operating profit slid 39%. Construction and small equipment segments posted gains. Deere maintained its 2026 net income forecast at $4.5–$5.0 billion.
Ford Shares on the Move as $3.8 Billion Battery Plan Advances

Ford Shares on the Move as $3.8 Billion Battery Plan Advances

21 May 2026
Ford shares rose 0.9% to $13.35 Thursday after a filing showed it assumed a $3.805 billion DOE loan for a Kentucky battery plant and ended a $6.6 billion commitment to BlueOval SK. Ford’s membership in BlueOval SK was redeemed, and a subsidiary acquired interests in two Kentucky battery plants. The loan carries a 4.814% rate and requires Ford to keep $4 billion liquidity. Broader markets were weaker.
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