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Robinhood, Coinbase lead crypto stock rout as Trump rejects Iran plan

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President Trump reportedly rejected Iran's offer to end the U.S. blockade and open the Strait of Hormuz, sending crude oil prices surging 6%.\nWhat to know : Bitcoin slipped under $76,000 Wednesday, pressured by surging oil prices. Robinhood and Coinbase led far larger declines in crypto-related stocks after the crypto slowdown helped HOOD to miss earnings forecasts Tuesday night. More catalysts are in store for later this afternoon, including the Fed meeting and tech earnings.

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Today 2026-04-29
18:40

Steak n 'Shake claims to save 50% on fees by using Bitcoin

18:29

Trump: Now is a good time to lower interest rates

18:18

Market pricing shows that the possibility of the Federal Reserve raising interest rates has risen to 25%

18:17

The Federal Reserve maintains interest rates unchanged, and the two-year Treasury yield has risen to 3.92%

18:10

BTC falls below the $75000 mark