The three main reasons for the sharp decline in the markets:
• Fed and Interest Rate Expectations: The very strong non-farm payroll data in the US triggered fears that "the Fed will delay interest rate cuts." This strengthened the dollar index while hitting risky assets like (stocks and cryptocurrencies). • Cryptocurrency Liquidation Wave: Bitcoin losing the critical $70,000 support led to the liquidation of billions of dollars in leveraged trades. This situation deepened selling pressure with a snowball effect. • Geopolitics and Inflation: Tensions in the Middle East pushing oil prices higher fueled concerns that inflation will not decrease, prompting investors to move into cash. In short: A combination of a strong dollar, high interest rate expectations, and technical breakouts has initiated a "panic selling" period in the markets. #bitcoin #gold #gümüş #nasdaq #stocks
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The three main reasons for the sharp decline in the markets:
• Fed and Interest Rate Expectations:
The very strong non-farm payroll data in the US triggered fears that "the Fed will delay interest rate cuts." This strengthened the dollar index while hitting risky assets like (stocks and cryptocurrencies).
• Cryptocurrency Liquidation Wave:
Bitcoin losing the critical $70,000 support led to the liquidation of billions of dollars in leveraged trades. This situation deepened selling pressure with a snowball effect.
• Geopolitics and Inflation:
Tensions in the Middle East pushing oil prices higher fueled concerns that inflation will not decrease, prompting investors to move into cash.
In short: A combination of a strong dollar, high interest rate expectations, and technical breakouts has initiated a "panic selling" period in the markets.
#bitcoin #gold #gümüş #nasdaq #stocks