🚨 $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.
₿ Bitcoin is holding up relatively well for now, but the key risk is broader risk-off pressure.
⚠️ If selling spreads across equities and other risk assets, crypto could also come under pressure.
👀 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.
₿ Bitcoin is holding up relatively well for now, but the key risk is broader risk-off pressure.
⚠️ If selling spreads across equities and other risk assets, crypto could also come under pressure.
👀 Watch BTC, equities, yields & liquidity closely.
$BTC
$XAU
$XAG
#BTC #Bitcoin #Stocks