I kind of thought we were immune to tech stock drama for a bit. Turns out watching traditional markets drag us around is still very much a thing.
Seeing $BTC slide under $77,000 earlier today caught me off guard. A report from coindesk.com pointed out how a slide in chip stocks right before the U.S. midterm vote pulled global markets lower, pushing $BNB under $700 and sending ZEC down nearly 10%.
Looking at the numbers, the total value of all coins fell 3.63% to $2.59T. Bitcoin still commands 59.3% of how much everything is worth, but with the fear index sitting low at 26, the sentiment feels pretty heavy.
Are you treating this macro slump as a real warning sign, or does it feel like noise that clears up after the vote?
NFA | DYOR #BinanceSquare #WriteToEarn #Crypto #Bitcoin #MarketUpdate
Seeing $BTC slide under $77,000 earlier today caught me off guard. A report from coindesk.com pointed out how a slide in chip stocks right before the U.S. midterm vote pulled global markets lower, pushing $BNB under $700 and sending ZEC down nearly 10%.
Looking at the numbers, the total value of all coins fell 3.63% to $2.59T. Bitcoin still commands 59.3% of how much everything is worth, but with the fear index sitting low at 26, the sentiment feels pretty heavy.
Are you treating this macro slump as a real warning sign, or does it feel like noise that clears up after the vote?
NFA | DYOR #BinanceSquare #WriteToEarn #Crypto #Bitcoin #MarketUpdate