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Crypto volatility declines as BTC and alts coil tighter, large caps dominate equities
Thursday’s trading was a mixed bag as Bitcoin continued to churn sideways in a relatively narrow channel while U.S. markets returned from Wednesday’s Juneteenth holiday only to see the broad indexes decline while the largest companies’ performances stole the show. In equity markets, both the S&P 500 and the Nasdaq slid deep into negative territory during afternoon trading, but the former managed to recover before the close, while the latter was left far in the red. The Dow, for its part, remained strong throughout the trading session. At the close, the S&P 500 finished marginally negative, losing 0.25% on the ... (full story)