Bitcoin hits new record high above $72,000 as crypto rally continues

Bitcoin soared to a new record high Monday, topping $72,000 for the first time amid increasing institutional acceptance and continuing an impressive rally that has pulled the market back from the depths of a deep “crypto winter” that has hampered momentum for years following a series of major crashes and scandals in recent years.

Meta shares plummet: Worst day in eight months

Shares of Facebook and Instagram parent company Meta tanked on Monday, suffering their worst day on Wall Street in nearly eight months on the heels of former President Donald Trump’s scathing review of Facebook as the “enemy of the people,” as the former president looks to bolster his rival social media platform.