US Stock Market Falters; Bitcoin Retreats After Record High

The US stock market experienced a reversal after seven consecutive days of gains, with the S&P 500 closing down following Oracle’s significant decline. Meanwhile, Bitcoin (BTC) saw a dip after hitting a new all-time high of $126,000, while Ethereum (ETH) also dropped from above $4,700. These fluctuations led to an estimated $622 million in crypto positions being liquidated over the last 24 hours. BNB reached a record high of $1,345 USD, surpassing XRP and USDT to become the third largest cryptocurrency by market capitalization.