SEC Chairman Paul Atkins joins “Morning with Maria” to discuss new efforts to curb the influence of major index funds, clarify crypto regulations, and prevent U.S. investments from fueling China’s economic and military ambitions.
Bitcoin continued its freedown on Friday, ending a volatile week and settling into a bear market.
The largest cryptocurrency by market capitalization has fallen more than 20% from its all-time high of $126,272 set in October, and as self-eponymous investor Louis Navellier points out, it has breached a major technical level by falling below $100,000.
Largest Exchange Traded Fund (ETF) That truck Bitcoin plummeted this week, The iShares Bitcoin Trust ETF, Fidelity Wise Origin Bitcoin Fund, and Grayscale Bitcoin Trust ETF each fell more than 8%.
| ticker | safety | last | change | change % |
|---|---|---|---|---|
| ibit | ISHARES Bitcoin Trust – USD ACC | 53.48 | -2.12 |
-3.80% |
| FBTC | Fidelity Wise Origin Bitcoin Fund – USD ACC | 82.18 | -3.25 |
-3.80% |
| GBTC | Grayscale Bitcoin Trust ETF – USD ACC | 73.78 | -2.90 |
-3.78% |
Negative sentiment toward cryptocurrencies continued this week after investors backed away from both Bitcoin and Ethereum, with ETF outflows surging through last week, with investors withdrawing $932 million and $438 million, respectively, according to CoinShares tracking.
Ethereum is down 35.82% from its intraday high of $4,955.23, set in August 2025.
ETFs that track Ethereum (iShares Ethereum Trust ETF, Grayscale Ethereum Trust ETF, and Fidelity Ethereum Fund ETF) are down nearly 10% this week.
Pirro targets Chinese crypto scammers
| ticker | safety | last | change | change % |
|---|---|---|---|---|
| Ether | ISHARES Ethereum Trust NPV | 23.69 | -0.25 |
-1.04% |
| Ete | Grayscale Ethereum Mini Trust [ETH] | 25.75 | -0.24 |
-0.92% |
| fete | Fidelity Ethereum Fund SHS | 31.30 | -0.30 |
-0.95% |
Investors celebrated the end of the longest government shutdown in history, but the euphoria was short-lived amid concerns that a lag in economic data caused by the shutdown could force the Federal Reserve to suspend expectations for rate cuts after its December meeting. According to the newspaper, market participants have lowered the probability of a rate cut next month to 45%, but 54% believe there will be no rate cut. CME’s FedWatch tool.
Closing inflation data is slow, but the Fed is tracking it on its own
| ticker | safety | last | change | change % |
|---|---|---|---|---|
| Me: DJI | Dow Jones Average | 47147.48 | -309.74 |
-0.65% |
| SP500 | S&P500 | 6734.11 | -3.38 |
-0.05% |
| I:Comp | Nasdaq Composite Index | 22900.588707 | +30.23 |
+0.13% |
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Meanwhile, U.S. stocks have been volatile this week, with the three major averages ending mixed on Friday. The Dow Jones Industrial Average fell more than 300 points, or 0.65%, the S&P 500 fell 0.05% and the Nasdaq rose 0.13%.
