A historically strong month for stocks is beginning on the wrong foot, with crypto leading the charge lower. Bitcoin fell more than 5% to dip back below $90,000 , a key level watched by traders. Stocks followed, with futures signaling a lower open . Contracts tied to the Dow Jones Industrial Average were down more than 200 points, while those linked to the S & P 500 and Nasdaq-100 lost 0.7% and 0.9%, respectively. Other indicators also point to a decidedly risk-off start to December. Gold futures rose about 1% to nearly $4,300 per ounce. The precious metal is often seen as a safe haven in turbulent market times. The Cboe Volatility Index (VIX) , also known as Wall Street's "fear gauge", rose to about 18. BTC.CM= @SP.1 5D mountain Bitcoin and S & P 500 futures 5-day chart "What's happening
Bitcoin starts financial markets off on wrong foot to begin December
CNBC Stock Market1 hrs ago
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