đ Crypto Market Update: July 18th đ
Hold onto your digital wallets, folks! The S&P 500 took a 2.6% nosedive, dragging Bitcoin (BTC) and Ether (ETH) down with it. But hey, every cloud has a silver lining, right?
đ Why the dip? Rising jobless claims and economic jitters have investors on edge. The US Department of Labor reported a spike in jobless claims, the highest since November 2021. Yikes!
đ Tech stocks also felt the heat after rumors of US tech export restrictions. Big names like AMD and ASML saw declines, spreading the gloom to crypto markets.
đŹ What do you think? Will crypto bounce back? Drop your thoughts below! âŹïž
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