Bitcoin slips, Trump token plunges over 20% as bullish crypto sentiment cools

A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025.

Paul Yeung | Bloomberg | Getty Images

Bitcoin and other cryptocurrencies sank on Tuesday, as bullish investor sentiment surrounding cryptocurrencies cooled after President Donald Trump’s inauguration.

TRUMP, a token launched last week that represents the new U.S. leader, plunged as much as 22% in 24 hours, according to CoinGecko data.

This is a breaking news story. Please check back for updates.

Source

Technology

CME disruption, Black Friday, the K-beauty boom and more in Morning Squawk

November 28, 2025

CME Group sign at NYMEX in New York. Adam Jeffery | CNBC This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Down and out Stock futures trading was halted this morning after a data center “cooling […]

Technology

Leonardo unveils ‘Michelangelo Dome’ as Europe looks to bolster sovereign defense systems

November 28, 2025

Italian defense company Leonardo has announced plans for an AI-powered shield for cities and critical infrastructure (Leonardo S.p.A. and subsidiaries) © Leonardo S.p.A. and subsidiaries Italian defense company Leonardo on Thursday unveiled plans for an AI-powered shield for cities and critical infrastructure, adding to Europe’s push to ramp up sovereign defense capabilities amid rising geopolitical […]

Technology

CNBC Daily Open: November hasn’t been kind — or typical — for U.S. stocks

November 28, 2025

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 26, 2025. Brendan McDermid | Reuters The U.S. stock market was closed Thursday stateside for Thanksgiving Day and will reopen on Friday until 1 p.m. ET. With approximately just 3 hours of trading left for the month, […]