Bloomberg Daybreak: Europe Edition Deep Bitcoin Bear Market, Trump Backs Epstein Vote, Desert Meteorite Hunters
Nov 17, 2025
Valerie Teitel, a markets reporter with sharp insights into Bitcoin and economic trends, delves into the sharp decline of Bitcoin following its recent highs. She explains how macroeconomic factors, including Fed policies and market correlations, are driving this sell-off. Teitel also highlights ETF investor pain points and discusses the ongoing pressure within the crypto space. Additionally, she touches on implications of global trade dynamics showcased by Germany’s push for fair trade practices amid rising tensions with China.
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Bitcoin Mirrors Broader Risk-Asset Weakness
- Bitcoin's retreat follows a broader pullback in risk assets, not a crypto-specific shock.
- Bloomberg intelligence frames Bitcoin as the "tip of the risk assets iceberg," linked to tech-stock weakness.
Trump Backs Release Of Epstein Documents
- President Trump shifted to support releasing DOJ files on Jeffrey Epstein, reversing prior opposition.
- His statement aims to defuse political pressure as the House prepares a vote.
Trump Signals Support For Tough Russia Sanctions
- Trump indicated he would allow sanctions on countries doing business with Russia, including big consumers.
- That stance signals stronger U.S. willingness to pressure buyers of Russian energy.