🚀 Crypto Market Update: July 18th 🚀
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?
🔍 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!
📉 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.
💬 What do you think? Will crypto bounce back? Drop your thoughts below! ⬇️
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