đšCryptocurrencies as a whole are affected by stock market turmoil
The U.S. Department of Justice issued subpoenas to Nvidia and other companies, seeking evidence that the chipmaker violated antitrust laws, escalating its investigation into the main supplier of artificial intelligence processors. The move caused a sharp drop in the Nasdaq market, and more than $1.05 trillion evaporated from the U.S. stock market today.
This also led to a drop in the cryptocurrency market. $BTC fell to nearly $56,000 and $ETH fell below $2,400. In 4 hours, all positions were liquidated for $118 million, and long positions were $107 million.
#BTCâ #ETHđ„đ„đ„đ„ #Market_Update #CryptoMarketMoves #Write2Earn!
