tweeted <\/a>on X about the start of a massive macroeconomic week.<\/p>\n\u201cExpecting some more downside on Bitcoin, after which I think we’ll find the bottom within one week. Taking liquidity <$61K and rotate back up from there,\u201d he said.<\/p>\n
Stocks bleed ahead of Fed meeting<\/h2>\n
Stocks turned red on Tuesday as higher-than-expected wage data raised concerns about inflation ahead of the Fed meeting.<\/p>\n
The S&P 500 edged down by 0.17%, the Nasdaq Composite lost 0.27%, and the Dow Jones Industrial Average fell 159 points, or 0.38%.<\/p>\n
Crypto-related stocks like MicroStrategy (MSTR) dropped by 10%, while Coinbase’s (COIN) shares dipped by 3%.<\/p>\n
Bitcoin mining stocks, including Marathon Digital (MARA), Riot Platforms (RIOT), and Bitfarms (BITF), registered losses of between 4% and 7% on Tuesday.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
Six Bitcoin and Ether ETFs that debuted on the Hong Kong market on Tuesday generated just $11 million in trading volume. Crypto markets continue to bleed despite the debut of spot Bitcoin and Ethereum ETFs in Hong Kong on Tuesday. Bitcoin (BTC), the world\u2019s largest cryptocurrency, is trading below $61,000, while Ethereum (ETH) is down […]<\/p>\n","protected":false},"author":2,"featured_media":293071,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-293070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/293070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=293070"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/293070\/revisions"}],"predecessor-version":[{"id":293077,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/293070\/revisions\/293077"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/293071"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=293070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=293070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=293070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}