US stocks lose $1.25T in a day — more than entire crypto market cap

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

$1.25 trillion in a day?! If that is not concerning, we don’t know what is. The U.S. stock market lost more value in a day than the entire market cap of Bitcoin and altcoins COMBINED!!

) and altcoins lost big on Aug. 26 after the United States Federal Reserve delivered hawkish remarks on economic policy. Across the board, risk assets took a major hit — U.S. equities shed around $1.25 trillion in a single session.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Trident Protocol is a DeFi platform that provides a decentralized financial asset which rewards users with a sustainable fixed compound interest model through use of it’s unique TAP protocol. TridentProtocol DeFi bsc bscgem YieldFarming

I'm worry for the possibility of a recession!!! 😐🫤😑

Sellers sell.

That shows crypto is still small compared to stock markets...investors prefer putting money in stocks than crypto. So what?

Considering the market cap is about 80-90 trillion it isn’t concerning.

buy buy buy

Devolviendo dinero prestado, muy normal en estos tiempos y apenas está comenzanso.

When any structure of centralized control over any form of exclusive wealth deflates, parts of the economy rebalance. The arc of economic justice is long but it bends toward equality.

we are early

HEX.COM users unaffected

oooh my god...🔥🔥

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin Outlook: BTC/USD Stagnates Ahead of Fed Chair Powell’s SpeechBitcoin stabilizes above $21,000 psychological support. Tomorrow’s economic docket could assist in the catalyzation of price action as PCE, Michigan sentiment and Fed Chair Jerome Powell’s speech take center stage.
Source: DailyFX - 🏆 305. / 63 Read more »

Bitcoin, Ethereum Technical Analysis: BTC, ETH Drop as Key Resistance Levels Hold – Market Updates Bitcoin NewsBitcoin and ethereum fell lower on Friday, as the tokens slipped below key resistance levels during today’s session. 🚀 Thnks a millon. They’re pumping 👍🏻 They pump 🚀
Source: BTCTN - 🏆 531. / 51 Read more »

Bitcoin price taps $21.3K ahead of Fed Chair Powell Jackson Hole speechTense times for Bitcoin markets ahead of fresh comments from Fed Chair Jerome Powell. JOIN NOW THE BEST COMMUNITY 👆👆👆👆👆👆👆👆👆👆👆👆 No doubt that LYNK is going to do a 100x minimum Be ready guys for the BIG GREEN CANDLES!! Lynkey LynkeyToken LYNK Lynkeyer $LYNK Just use your brain and look at macros. E.g. inflation rate & comments in various countries. Energy cost increase (UK commented to go to 80%) Most economists do predict a recession for next year. Be careful with influencers calling any increase a BullMarket Not to excited for the speech today, closing all my trades and settling down all contracts. Still holding ETH and BIT however, as I am still vigilant and bullish on the growth of DAOs and the ETH ecosystem
Source: Cointelegraph - 🏆 562. / 51 Read more »

Bitcoin price briefly loses $20K on 'bunch of nothing' Powell speechBitcoin to $16,000? Following the hawkish comments from the US Federal Reserve, Bitcoin takes a small hit with price targets suggesting an even steeper decline. MTGOX will release over 150k Bitcoin tomorrow on exchange, save your money. The market keeps dumping but with Socialswapdefi you can trade with zero or no fees for swap and good apr for staking, based on Tron network. I have been swapping seamlessly with Socialswapdefi. Check it out 🔥 socialswapdefi DeFi swap tron $BTC at $16 000, 14 000, and even $10 000… why not? There are fundamental reasons for it.
Source: Cointelegraph - 🏆 562. / 51 Read more »

CME Bitcoin futures see record discount amid 'very bearish sentiment'All is not well in Bitcoin derivatives land, new data from ArcaneResearch reveals. ArcaneResearch Nothinn can comparee to this? ArcaneResearch Thanks 🚀 ArcaneResearch $PBX is pumping in the last few weeks. I bought another bag. 💣 🎂 pancakeswap
Source: Cointelegraph - 🏆 562. / 51 Read more »

This Bitcoin Hater's Son Goes All in on BTC, Here's WhyPeter Schiff’s son explains why he has gone all in on Bitcoin, despite his father’s long-term anti-BTC stance SpencerKSchiff PeterSchiff I wish someone showedd me this earlierr? .... SpencerKSchiff PeterSchiff solidity + uniswap 🦄🦄 = 💰💰💰 why are crypto people not talking about it? ….
Source: Utoday_en - 🏆 295. / 63 Read more »