🚨 $580B wiped out from US stocks at the market open. 📉

Here’s what’s driving the sell-off:
🛢️ Oil hits a 5-week high
📈 September Fed hike odds jump to 66.4%
📈 US 2-year yield hits an 18-month high

⚠️ Higher rates + rising oil prices = more pressure on risk assets, including Bitcoin & crypto.

#Bitcoin #BTC #Crypto #Fed #Oil #Markets