Big news happened in the stock market and with a cryptocurrency company! The stock market went down because the economy isn't doing so well. People are worried about money and prices going up.
- The Dow Jones, a measure of how stocks are doing, went down a lot.
- The SEC (a government group) decided not to pursue a case against Coinbase, a cryptocurrency company.
- Coinbase's stock went up a little at first, then down later.
Company | What happened |
---|---|
Dow Jones | Went down about 800 points |
Coinbase | Stock went up, then down |
UnitedHealth | Under investigation |
This shows how the economy and the cryptocurrency world are connected. Even though Coinbase news was positive, the overall stock market drop affected it too!