Google’s parent company Alphabet was the worst performer on the day, falling 9.5% in a massive $180 billion wipeout.
Category: Recession
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Bitcoin price holds steady as S&P 500 plunges to 110-day low
The S&P 500 dropped to a 110-day low as the market digests what “higher for longer” means for stocks. Will Bitcoin begin to chart its own path?
Bitcoin price at risk? US Dollar index confirms bullish ‘golden cross’
Concerns over the U.S. dollar’s impact on Bitcoin may be overstated by investors, particularly in the longer term.
Bitcoin investors are bullish on the US Fed’s $100B loss
The debt ceiling is unlikely to hold as the government faces increased pressure from interest rate payments, a potential catalyst for Bitcoin and cryptocurrencies.
Persistent macro headwinds could delay Bitcoin bull market — ARK Invest
Several macroeconomic indicators suggest that bearish headwinds could strengthen during the remainder of 2023 and possibly negatively impact the crypto market.
CPI report may show uptick in US inflation — How will Bitcoin price react?
Bitcoin price remains range bound as equities, gold and US Treasuries offer competitive rates with reduced risk. This week’s CPI report could shake things up.
Where’s the recession? These 3 economic indicators can alert investors to a market downturn
Analysts have called for a U.S. recession all year, but stocks continue to creep higher. Here are three metrics investors can watch to know if an economic downturn is coming.
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Crypto offers Africans a ‘lifeline’ from inflation and corruption, say execs
Chris Maurice, founder and CEO of crypto exchange Yellow Card said in Africa, crypto isn’t the “casino” that it can sometimes feel like in the West.
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Bitcoin price races toward $27K, but a swift recovery is not confirmed by market data
BTC price recovered quickly from this week’s swing low, but derivatives data hints that a challenging road lies ahead.
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Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals
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