đ¨ $300B WIPED FROM U.S. STOCKS
Around $300B in U.S. stock-market value was reportedly erased in roughly 30 minutes as stronger economic data renewed concerns that interest rates could stay higher for longer.
âż Bitcoin is holding up relatively well for now, but the key risk is broader risk-off pressure.
â ď¸ If selling spreads across equities and other risk assets, crypto could also come under pressure.
đ Watch BTC, equities, yields & liquidity closely.
$BTC
$XAU
$XAG
#BTC #Bitcoin #Stocks
Around $300B in U.S. stock-market value was reportedly erased in roughly 30 minutes as stronger economic data renewed concerns that interest rates could stay higher for longer.
âż Bitcoin is holding up relatively well for now, but the key risk is broader risk-off pressure.
â ď¸ If selling spreads across equities and other risk assets, crypto could also come under pressure.
đ Watch BTC, equities, yields & liquidity closely.
$BTC
$XAU
$XAG
#BTC #Bitcoin #Stocks