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bitcoin approaches 100000 as market strategists express mixed views
Bitcoin approached the $100,000 mark this week, reaching within $1,000 before retreating to around $96,150. Analysts express caution, noting that the psychological barrier of $100,000 may hinder further gains, with some investors cashing in on recent highs. Concerns about market leverage and potential corrections loom, yet optimism remains if political promises to the crypto sector materialize.
NewJeans ends contract with Hybe agency causing significant market loss
South Korea's largest K-pop agency, Hybe, lost over $423 million in market value after girl group NewJeans announced their departure from ADOR, citing contract breaches and mistreatment. The group, formed in 2022, expressed that remaining with the agency would be detrimental to their professional growth. This follows a management dispute and a significant drop in Hybe's shares amid broader industry challenges.
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