BREAKING: Bitcoin falls under $50,000
Deep bearish came as predicted.
JUST IN: $1,000,000,000 liquidated from the cryptocurrency market in the past 24 hours.
LIVE--
Bearish
LIVEboyLoyTRADER
--
Bearish
Today, I want to talk about global finance which also affects cryptocurrency.
"Markets seem to be treating bad news as bad news again, not a positive catalyst given an easy Fed outlook," Citi's head of US equity strategy, Scott Chronert, wrote in a note to clients on Friday.
"Investors are even starting to ask recession-related questions and have started to review their economic slowdown playbooks."
Friday's employment report, which showed the second-weakest monthly job additions since 2020 and the highest unemployment rate in nearly three years, accelerated the action.
Over $879 billion was wiped out from the US stock market today.
WE MAY SEE THE BIG BEARISH TREND COMING SOON.
"Markets seem to be treating bad news as bad news again, not a positive catalyst given an easy Fed outlook," Citi's head of US equity strategy, Scott Chronert, wrote in a note to clients on Friday.
"Investors are even starting to ask recession-related questions and have started to review their economic slowdown playbooks."
Friday's employment report, which showed the second-weakest monthly job additions since 2020 and the highest unemployment rate in nearly three years, accelerated the action.
Over $879 billion was wiped out from the US stock market today.
WE MAY SEE THE BIG BEARISH TREND COMING SOON.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
73,747.99
+7.18%
Replies 0
