Santiment: SP500 and gold pull back with cryptocurrencies, suggesting inflation fears are showing up across sectors
Bitcoin fell below $67,000 for the first time since April 4, with more than $850 million in bitcoin contracts in the past day, said crypto-intelligence platform Santiment.The SP500 and gold prices also retreated alongside cryptocurrencies, suggesting that CPI and inflation concerns are coming to be significantly relevant across all sectors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Toshiba launches 3,300V SiC MOSFET module for industrial equipment
Data centers drive the boom in U.S. non-residential construction; UBS highlights Caterpillar (CAT.US) and other potential beneficiary stocks
Non-residential construction starts in the United States continued to expand in August, as a significant increase in data center projects helped offset the impact of sluggish infrastructure starts.
Crypto Skills Technology | Skillful Use of TD for Chasing Highs in a Bull Market
Qualcomm (QCOM.US) acquires robotics software company PickNik to strengthen its presence in the physical AI field
Qualcomm announced on Wednesday that it will acquire the robotics software company PickNik to enhance its presence in the field of physical AI and robotics.
Crypto prices
More
