Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens – Market Updates Bitcoin News

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As concerns about a U.S. recession mount and corporate earnings look dismal, crypto, precious metals, and stocks shuddered on Wednesday morning. Markets Crypto PMs

, and others on Wednesday indicated that the economy was not improving and added to lingering concerns about a potential U.S. recession.

On Wednesday morning into the afternoon, the four benchmark stock indexes the U.S. — the Dow Jones Industrial Average , the S&P 500 , the Nasdaq Composite , and the Russell 2000 — were all down between 1% and 2.05%. In addition to lackluster earnings reports from some of the country’s largest firms, industrial production in the U.S. slipped roughlyIndustrial production also dropped in November 2022, falling 0.6% year-over-year.

 

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Hu

Crypto recently gain huge movement upwards

If you truly understand bitcoin, then the price shouldn’t bother you instead it should excite you as it’s a golden opportunity to buy and hodl. That should be your bear market strategy. Everyone should follow Bnb_7h she’s a super underrated bitcoiner. I’ve been doing great.

Just a game you play with it don't into it

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