Bitcoin falls below $70K as Xapo CEO points to Anthropic IPO

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

The first sale of a private company's shares to the public, after which the shares trade on a stock exchange.

An IPO raises money for the company and lets early owners and investors sell part of their stake.

The set of exchanges where shares of public companies are bought and sold.

Market moves reflect investor expectations about companies and the economy, and affect savings and pensions.