📰 The crypto market has just experienced its huge three-day sell-off in almost a year, with a brief loss of as much as $510 billion since Aug. 2.
The sharp crypto selloff co-occurred with a decline in equities, with the S&P 500 dropping by as much as 4.4%.
It was triggered by poor employment data, sluggish growth in major tech stocks, and renewed fears of a recession that triggered the downturn.
#CoinswapSpace #CryptoNews #Cryptocrash #CryptoSellOff #CryptoWinter #CryptoMarket #Cryptocurrency #Bitcoin #Ethereum #Altcoins
The sharp crypto selloff co-occurred with a decline in equities, with the S&P 500 dropping by as much as 4.4%.
It was triggered by poor employment data, sluggish growth in major tech stocks, and renewed fears of a recession that triggered the downturn.
#CoinswapSpace #CryptoNews #Cryptocrash #CryptoSellOff #CryptoWinter #CryptoMarket #Cryptocurrency #Bitcoin #Ethereum #Altcoins