✅ Сrypto market seems to be in free fall along with the US stock market, which saw a massive sell-off today. Investors are afraid of geopolitical risks and a possible recession in the U.S., so they are buying bonds and selling stocks 🔽
Daily Digest:
🔸 $2.9 trillion got wiped out from the U.S. stock market this morning
🔸 CEO of American investment management firm VanEck says Bitcoin market capitalization will be half that of gold ($350,000 price per coin) 😳
🔸 MicroStrategy said it acquired an additional 169 BTC in July for $11.4 million
🔸 US Secretary of State has issued a statement, declaring Venezuela's opposition candidate González as the true winner 🤔
🔸 Do Kwon’s extradition to the US has been rejected by Montenegro’s Appellate Court
🔸 Fantom blockchain has rebranded to Sonic Labs
🔸 Morgan Stanley bank told its wealth advisors they can pitch spot Bitcoin ETFs
🔹 Prices:
🥇 Bitcoin - $62,333 (↓2.7%)
✨ Ethereum - $3,001 (↓4.5%)
🌡 S&P 500 - 5,346 (↓1.84%)
🕗 DXY - 103.23 (↓1.14%)
🌉 Gold - 2,442 (↓0.18%)