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Bitcoin steadies above $64K despite global chip stock selloff rattling markets

Market News
19 Aug 2026
Tokenpost
View Source
Neutral
pluang ai news

Bitcoin remained stable near $64,250 with a slight weekly gain, unaffected by a sharp selloff in global semiconductor stocks that hit tech markets hard. Other major cryptocurrencies like Solana and Ether also posted modest gains, while some tokens like XRP and BNB saw minor declines. The semiconductor sector's downturn, driven by rising global bond yields and concerns over AI infrastructure investments, caused significant losses in Asian and U.S. tech stocks. Investors are now focused on upcoming Federal Reserve meeting minutes and the Jackson Hole symposium for clues on future interest rate moves.

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J.P. Morgan Leveraged Loan Index posts 1.93% return in Q2 2026, led by riskier B/CCC issuers

J.P. Morgan Leveraged Loan Index posts 1.93% return in Q2 2026, led by riskier B/CCC issuers

The J.P. Morgan Leveraged Loan Index returned 1.93% in the second quarter of 2026, with riskier B/CCC-rated issuers leading gains at 3.37%. The broader market showed recovery after a cautious first quarter, driven by improved investor sentiment amid ...

Market News
Bullish
4 hours ago
Solana nears a 'mini golden cross' for the first time since 2025, signaling potential price recovery.

Solana nears a 'mini golden cross' for the first time since 2025, signaling potential price recovery.

Solana (SOL) is approaching a 'mini golden cross,' a bullish technical indicator where short-term moving averages converge, for the first time since 2025. Currently trading around $77, SOL's recent price momentum shows signs of recovery after falling...

Technical Signals
Bullish
4 hours ago
Trainline shares drop 14% as UK watchdog probes hidden booking fees

Trainline shares drop 14% as UK watchdog probes hidden booking fees

Trainline PLC shares fell 14% after the UK's Competition and Markets Authority (CMA) launched an investigation into whether the company used "drip pricing" by not showing mandatory booking fees upfront. The CMA is concerned that fees ranging from 59p...

Market News
Bearish
4 hours ago
LexinFintech faces earnings pressure and asset risks ahead of Q2 2026 results, with stock expected to trade sideways.

LexinFintech faces earnings pressure and asset risks ahead of Q2 2026 results, with stock expected to trade sideways.

LexinFintech is set to release its Q2 2026 results on August 31 amid low investor expectations due to earnings pressure and rising delinquency rates despite topline growth. The company's shift toward non-consumer finance and ecosystem businesses now ...

Company Fundamentals
Neutral
4 hours ago
Scaling embedded payments is harder than launching, requiring clear strategy and strong partnerships.

Scaling embedded payments is harder than launching, requiring clear strategy and strong partnerships.

WEX highlights that while launching embedded payments can be straightforward, scaling them introduces complexity in technology, compliance, and operations. Businesses must define their payment strategy early, focusing on customer needs and success me...

Market News
Neutral
4 hours ago
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