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
Interest rate hike concerns and rising fuel costs push Australia's consumer confidence index close to extreme pessimism
Due to rising fuel costs and concerns that the Reserve Bank of Australia may raise interest rates again, Australian consumer confidence dropped sharply in September, approaching extremely pessimistic levels once more.

Gu Jingci: September 8 Bitcoin/Ethereum Early Trading Strategy with Market Analysis
South Korea's KOSPI index rises 2% intraday, SK Hynix up 3.81%