More than $1 trillion in equity market value was wiped out at the opening bell in the United States, according to WatcherGuru. The sharp decline came amid volatility affecting both traditional and digital assets. Bitcoin was rebounding in the $80,000 range, while both Bitcoin and Ethereum retained gains over the previous 24 hours. Economists will watch for further moves in the US stock market, statements from Federal Reserve officials, Bitcoin ETF flows and large-scale transactions.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
