Good morning,
The markets are seeing significant volatility, with traditional markets leading the drop while crypto follows suit. In this quick update, we'll break down the key developments and what they mean for Bitcoin, altcoins, and overall market sentiment.
đ Key Market Moves
đť S&P 500 & NASDAQ - US-Recession fears triggered a sharp sell-off in equities, setting the tone for crypto.
đť Bitcoin CME Futures - A major gap has now been filled, key technical levels to watch.
đť Total3 (Altcoin Market Cap Excluding BTC & ETH) - Altcoins are seeing increased weakness as liquidity dries up.
đ Whatâs Next?
How the U.S. session reacts will be crucial â further downside in equities could accelerate Bitcoinâs decline.
Will this dip be bought aggressively, or are we looking at a larger correction?
More insights and charts below. Letâs dive in!
