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🔴 The end of a high volatility Wednesday
📊 Wednesday was a day of high volatility where various factors negatively impacted financial markets worldwide.
📉 Bitcoin fell to USD 55,000 (-5.5%) and triggered liquidation of long positions worth USD 100 million. The total market capitalization of the crypto market now stands at USD 2.070 billion. BTC is currently trading at around USD 58,000.
⏬ Bitcoin ETFs recorded a record outflow of nearly USD 300 million yesterday, the largest since May 1st.
🇯🇵 The traditional market was also affected and Japan's Nikkei 225 Index fell nearly 4%, one of the most pronounced in the stock sector.
🤜 The seven largest companies by market capitalization in the United States (Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, and Tesla) recorded losses that collectively reached USD 550.000 billion.
🇺🇸 Nvidia suffered a record loss in its market capitalization that exceeded USD 360.000 billion in a single day. The U.S. Department of Justice cited the tech giant and other companies, creating a new scenario of uncertainty in the fintech sector.
#cryptonews