The move came amid a stocks rout triggered by Consumer Price Index inflation data for August coming inDespite still being lower than July, the market had hoped for a quicker cooling of inflation more broadly and hence the chance of a quicker loosening of policy by the Federal Reserve.
With that prospect now appearing slim, equities indexes hemorrhaged value, with Apple losing $154 billion — the sixth-biggest daily loss in U.S. stock market history. Tech selloff on Tue has been particularly costly for Apple. World’s most-valuable comp lost $154bn in market value - a wipeout that ranks among top 10 worst single-day market value losses in US stock market history, acc to BBG. That’s more than mkt cap of ~90% of S&P 500 comps.
It was obvious. I used it as another opportunity to spend usdt to buy cheap bitcoin
temporary volatility
Markets are being manipulated to wreck the currencies of enemies of the D.C government, both fiat and crypto. The D.C government is using the livelihoods of Americans as leverage for this. It's them against everyone else, they have no allies. It's a malicious regime on a rampage
I don't undertand why nobody talk about this