Bitcoin's value has plummeted to its lowest level in 15 months, now at $66,000, despite US President Donald Trump's vocal support and policy actions favoring cryptocurrency since re-entering office in January 2025.

• A single Bitcoin is currently worth $66,000 (£48,700), a 24% drop since the start of this year, and down 32% over the last 12 months.
• The price drop was reportedly "triggered by" Trump's nomination of Kevin Warsh as the new chair of the Federal Reserve, who is expected to take a "hawkish" approach to interest rates.
• Since January 2025, President Trump has amassed crypto holdings worth over $11 billion and gained $800 million in personal income from crypto transactions.
• Deutsche Bank analysts suggest traditional investors are losing interest, contributing to overall pessimism, with the market losing over $1 trillion in value in the last month.

The Mansa-X Special Funds, managed by Standard Investment Bank through the Standard Investment Trust Funds platform, have surpassed the $1 billion (Sh129 billion) mark in assets under management. This significant growth, making them Kenya’s largest special Collective Investment Scheme, was driven by strong investment performance across all four fund options in 2025.

• The shilling-denominated Mansa-X Special Fund recorded an average return of 20.74 percent in 2025.
• The Shariah-compliant dollar fund posted returns of 11.64 percent, their strongest performance since launch.
• The gains reflect increasing investor demand for professionally managed funds amidst easing interest rates and pressure on the shilling, emphasizing active portfolio management and cautious asset allocation.

Amazon announced a significant increase in its annual spending, committing $200 billion this year, primarily towards artificial intelligence (AI) and infrastructure. This aggressive investment, which is a substantial rise from last year's $125 billion, led to its shares falling by more than 11% in after-hours trading.

• Amazon is planning to invest $200 billion (£147.7 billion) in AI and infrastructure this year, making it the most aggressive AI investor among big tech.
• The firm's chief executive, Andy Jassy, stated that the bulk of this spending will go towards AI, believing it will reinvent customer experiences.
• Combined, Amazon, Meta, Google, and Microsoft are collectively planning to invest $650 billion into AI and related projects this year, sparking concerns from institutions like the Bank of England about a potential market bubble resembling the dot-com era.