Coinbase has worst week of the year as crypto stocks plummet

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 59%

News 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Concerns about the U.S. economy led to a broad market slide this week, with crypto-related assets seeing some of the steepest drops.

Bitcoin, ether and crypto-related stocks saw sharp selloffs this week over growing concerns about the health of the U.S. economy.Marathon DigitalThe industrywide selloff reflected growing concerns about the health of the U.S. economy and tracked a broader decline in prices of, a gauge of crypto market sentiment, is firmly in the"Extreme Fear" zone, indicating that investors are worried about price moves.worst day in over four months"The recent U.S.

The total market cap of crypto is down close to 30% from its 2024 peak of $2.67 trillion, and is now at $1.9 trillion. Altcoins like Solana'sWhile it was a rough week for risky assets of all sorts, investors over-indexed in crypto stocks had it particularly bad.over whether the exchange engages in unregistered sales of securities, plummeted 20% to its lowest since February.

Looser monetary policy is typically a good thing for risky assets like crypto, which tend to see more investor inflows when borrowing costs drop. The latest read on inflation comes Wednesday with August's Consumer Price Index. The readout is another key metric the Fed will consider ahead of its September meeting.

The U.S. presidential debate on Tuesday might also prove a price driver in the crypto markets. Republican nominee Donald Trump hasa potential second Trump presidency as a catalyst for the industry, in part because he has vowed to remove SEC ChairRoblox will let developers sell games for real money, not just virtual currency

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 319. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Coinbase-Backed Vega Gets Into Prediction-Market Race, Chasing PolymarketSam is CoinDesk's deputy managing editor for tech and protocols. He reports on decentralized technology, infrastructure and governance. He owns ETH and BTC.
출처: CoinDesk - 🏆 291. / 63 더 많은 것을 읽으십시오 »

Coinbase Takes Aim at CFTC's Definition of 'Gaming' in Proposed Prediction Market RulesCoinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorization
출처: CoinDesk - 🏆 291. / 63 더 많은 것을 읽으십시오 »