The S&P 500 had its worst day since September, shedding $2.7 trillion in value. And crypto? It followed right along for the ride

The S&P 500 had its worst day since September shedding 2.7 trillion USD in value. And crypto?

Altcoins, Bitcoin, Blockchain, Cryptocurrency, cryptomarket, DEX, DOGE, Dogecoin, ETF, ETH, Ethereum, Markets, Stable coin, Stablecoin, Tokenization, Whales /

That 0.88 correlation with the Nasdaq? It’s not a bug anymore, it’s a feature. Bitcoin wanted institutional money, and now it’s got institutional problems too. Fed rate cut bets collapsed from 93% to 35% in a month. Traders who loaded up on leverage got absolutely demolished, with $829 million in liquidations. The Fear and Greed […]

The S&P 500 had its worst day since September shedding 2.7 trillion USD in value. And crypto? Read More »