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S&P 500 goes negative YTD; almost entire regional bank stocks halted due to volatility

Gradually then suddenly, Bitcoin is up 35% YTD while S&P has gone negative YTD.

James Van Straten
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James Van Straten
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Quick Take

  • Bitcoin extends its gain up 35% YTD, while S&P has gone into negative territory -0.19%.
  • Both Nasdaq and TLT are up over 7% YTD.
  • Chaos in bank stocks as some are halted for volatility.
  • Western Aliance sank a record 76% and halted for volatility.
  • KBW index falls 4% to its lowest since November 2020.
  • First Republic Bank sinks by a record 67% at the open.
  • Charles Schwab (SCHW) halted for volatility, dropping 41% to the lowest on record.
Assets: (Source: Trading View)
Assets: (Source: Trading View)
Bank Share Prices: (Source: Trading View)
Bank Share Prices: (Source: Trading View)
Bank: (Source: Bloomberg)
Bank: (Source: Bloomberg)
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James Van Straten
James Van Straten
Former Lead Analyst CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.

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Bitcoin BTC (24h)
$76,425.26 +1.34%
Market Cap $1.53T
24H Volume $30.49B