CRYPTO: Ethereum is getting dumped for a couple of reasons

From the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Alexis Christoforous to break down the latest market moves. Here's the performance of select risk markets as of 10:30 am EDT: AMD Advanced Micro Devices Inc 8.24% QCOM Qualcomm Inc 3.26% AVGO Broadcom Inc 3.09% OLED(3) Universal Display Corp 2.68% ASML ASML Hldg N.V. New York 2.21% STM STMicroelectronics N.V. 1.80% SVXY ProShs Short VIX Short-Term 1.75% NVDA Nvidia Corp 1.12% MCHP Microchip Tech 0.87% FAS(HB) Finl Bull 3x Shs 0.83% KLAC KLA-Tencor Corp 0.76% MXIM Maxim Integrated Prod 0.66% CDNS Cadence Design Systems 0.56% ADI Analog Devices 0.54% IWM iShs Russell 2000 ETF 0.32% WTI W&T Offshore Inc 0.31% QQQ Invesco QQQ Trust Series 1 0.31% SPY SPDR S&P 500 ETF 0.29% XLNX Xilinx Inc 0.03% NXPI NXP Semiconductors N.V. -0.02% GLD SPDR Gold Trust -0.03% MU Micron Tech -0.09% INTC Intel Corp -0.25% TXN Texas Instruments -0.26% SWKS Skyworks Solutions -0.33% SWKS Skyworks Solutions -0.33% USO(HB) United States Oil Fd LP -0.36% LRCX Lam Research -0.41% TSM Taiwan Semiconductor Mfg ADS -0.49% AMAT Applied Materials -0.63% FAZ(HB) Finl Bear 3x Shs -0.64% TER Teradyne Inc -0.73% ON ON Semiconductor Corp -1.10% QRVO Qorvo Inc -1.35% MRVL Marvell Tech Grp -2.34% VXX iPath S&P 500 VIX Short-Term -3.34% UVXY ProShs Ultra VIX Short-Term -4.99% TVIX(HB) VS 2X VIX Short Term -6.25% ^IXIC Nasdaq Composite Index ^GSPC S&P 500 Index ^NDX Nasdaq 100 ^RUT Russell 2000 Index

Advertisement