In short

  • U.S. home sellers outperformed buyers with a record of 57.9% in August.

  • Rising mortgage rates coincide with weaker Bitcoin and S&P 500 returns.

  • High percentages by themselves are less important than whether borrowing costs are still rising.

Read the original story about the U.S. housing market cracking: will this affect stocks and the Bitcoin price? by Jakub Dziadkowiec: nl.beincrypto.com

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