📢Macro

⚫️The NASDAQ has fallen by 2% to 16.7k, entering an official correction period.

⚫️Gold prices have dropped by 1% to 2485.

⚫️Technology stocks have experienced their largest decline in two years.

⚫️A weak employment report has led to a significant drop in interest rates.

⚫️ Japanese stocks have had their worst day since 1987.

⚫️Oil prices have reached an eight-month low.

⚫️The release of Nvidia's new AI chips has been delayed by three months.

💰 Crypto

⚫️Bitcoin's price has dropped by 4% to $62.1k, Ethereum by 4% to $3010, and Solana by 6% to $153.

⚫️The top gainers in the market are TIA and QNT.

⚫️Bitcoin ETFs have seen outflows of $237 million, and Ethereum ETFs $54 million.

⚫️The cryptocurrency market is down significantly, with Solana hitting a low of $150.

⚫️Another $280 million has been liquidated from the market recently.

⚫️Outflows from Grayscale's Ethereum fund have reached $2 billion.

⚫️Ethereum's open interest is at a two-year high.

⚫️Trump has suggested that Bitcoin could be used to help pay off the national debt.

⚫️Over 2,200 letters have been sent to support the idea of a Bitcoin strategic reserve.

⚫️Kamala Harris's team has hired a former advisor from Binance.

⚫️Genesis has started repaying $4 billion in cryptocurrencies and cash to its clients.

🌟 Web3 & NFT

⚫️Currently trending cryptocurrencies include SCF, CHITAN, MEW, and PAC.

⚫️The most talked-about NFT collection is NodeMonkes.

⚫️SCF's value has surged to $150 million after being featured in Beeple’s Everyday series.

⚫️A cluster of Whales' Finance (WIF) has sold $24 million worth of tokens.

⚫️PAC coin has rallied by 80% amid rumors of a shift to a different blockchain.

⚫️Polymarket trading volumes are now higher than those for NFTs.