Risky Bets Amped Up Crypto Gains. Now They’re Fueling Their Selloff.

风险赌注激增加密货币收益。如今,它们正助燃抛售潮。

WSJ What’s News

2025-11-20

12 分钟
PDF

单集简介 ...

P.M. Edition for Nov. 19. Traders have used debt to maximize their gains as they bought and sold crypto this year—now, with prices dropping, they’re turbocharging losses too. WSJ crypto reporter Vicky Ge Huang tells us what makes those bets so risky. Plus, Target says it will invest billions in its stores as it seeks to turn around slumping sales. And minutes from October’s Federal Reserve meeting show deepening divisions, putting a rate cut at the next meeting in question. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
更多

单集文稿 ...

  • Leveraged crypto trades have maximized trader gains, but now they're turbocharging a sell-off.

  • If Bitcoin really jumps, you are very likely to get supercharged returns.

  • However, if Bitcoin falls, even just a little bit,

  • you are going to end up in huge losses or maybe even get your entire position wiped out.

  • Plus, Target says it will invest billions in stores to try to turn around slumping sales.

  • And why Medicaid patients are having trouble getting doctor's appointments.

  • It's Wednesday, November 19th.

  • I'm Alex Ocilla for The Wall Street Journal.

  • This is a PM edition of What's News,

  • the top headlines and business stories that move the world today.

  • This just in, Nvidia, the world's most valuable publicly listed company,

  • reported record sales in its latest quarter and provided strong guidance.

  • For more on Nvidia's earnings, visit wsj.com.

  • And we'll have more analysis on tomorrow morning show.

  • Nvidia's latest earnings are one of the key data points for investors concerned about the AI boom and valuations of tech companies,

  • concerns that have weighed on stocks in the past few weeks.

  • Investors are also uncertain about just what the Federal Reserve may do about interest rates at its next meeting in December.

  • The minutes from the October meeting, which are out today, give some insight.

  • They show that divisions over whether the Fed should cut interest rates next month have deepened.

  • There's potentially a narrow majority of policymakers uncomfortable with cutting rates in December.