🚨 Market Update: A Day to Remember! 🚨
🔻 Nasdaq Drops Nearly 3%!
The Nasdaq has officially recorded its worst day since December 2022, marking a significant setback in the markets.
💸 $650 Billion Wiped Out!
The S&P 500 followed suit, erasing a staggering $650 billion in market cap, sending shockwaves across the financial landscape.
📉 What’s Driving This?
Key factors include:
🔺 Rising bond yields
🏦 Concerns over Federal Reserve policies
📊 Weak earnings reports from major tech giants
🔍 What Does This Mean for Crypto?
With traditional markets under pressure, will investors flock to crypto as a hedge? Stay tuned for further insights!