Stock Market Crash Sparks Massive Crypto Sell-Off: What to Expect Next?

Quick Summary:

The mixed reactions to the anticipated interest rate cuts in the United States on September 18 are evident in the crypto and stock industries.

In the wake of the fourth day of September, major global stock indexes – led by Nikkei 225, Asia Dow, and S&P 500 -were bleeding out.

Despite the notable decline in demand for the US-based spot Bitcoin and Ether ETFs, experts believe a market rebound is around the corner.

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United States

Topics: Price Analysis Crypto news News Altcoins Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-04 @ 07:00:32 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 406 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 22364106

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 25 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #112

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