Stock Market’s $1.05 Trillion Wipeout Puts To Test Bitcoin Stability – What’s Next?

Quick Summary:

This decline represents one of the largest of any single day in recent times and also reflects a mix of unsatisfactory economic data and huge struggles among major companies.

In a single day, $1.05 trillion was wiped out of the US stock market.

Related Reading: Bitcoin Crash Alert?

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: HungaryJapanUnited States

Topics: Bitcoin Bitcoin Etheeum Stock Market Recession Crypto News Digital currency Crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-05 @ 04:30:51 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 536 words

Reading Time: 3 minutes read

Sentences: 39 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 22372220

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 13 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

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Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #105

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