Bitcoin

U.S. Stock Market Loses Over $1 Trillion—Is Bitcoin About to Follow?

The US stock markets have experienced an amazing wipe, losing more than 1 billion of dollars of market value while the inflation of inflation and new trade rates triggered a generalized panic of investors. The DOW plunged 1.2%, the S&P 500 slipped 1.6%and the NASDAQ dropped by 2.2%, contributing to the decline of several hundred billion dollars between the shares.

In this context, Bitcoin was also under pressure – decreases under a little less than USD $ 130,000, reports indicating a net movement beyond the level of $ 115,000, the markets which have become opposed to the risk.

According to Coinglass data, more than a billion dollars in liquidations have taken place in the market of cryptographic derivatives in the last 24 hours, intensifying the slowdown. The wave of liquidation annihilated the long and short positions while investors rushed in the midst of volatility.

Watcherguru tweeted @watcherguru:

“Just inside: U.S. Stock Market Loses Over  Trillion—Is Bitcoin About to Follow? 1.11 billion of dollars destroyed from the US stock market today. »»

It is a story in development. Beincryptto will continue to provide updates as more and more information will be available.

Is the United States’ stock market more than 1 dollars-is about to follow? appeared first on Beincrypto.

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