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Huobi blog 2024-08-07 06:44:33

Global Markets Hit by ‘Black Monday’, How Likely Is an Emergency Rate Cut by the Fed?

This Monday, global stock markets collectively crashed, and the crypto market also experienced severe volatility. BTC briefly fell to $49,000, while ETH’s decline exceeded 26%, breaking below the $2,100 mark. Within 24 hours, more than 230,000 people had their crypto positions liquidated, with a total liquidation amount reaching $883 million. Panic intensified, leading The post Global Markets Hit by ‘Black Monday’, How Likely Is an Emergency Rate Cut by the Fed? first appeared on HTX Square .

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