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The US stock market lost more than $1T in market capitalization in the past 24 hours
Main impacts:
🖤 The US continues to increase military presence in the Middle East
🖤 NATO launches “Arctic Sentry” to counter Russia and China
🖤 Concerns about AI disrupting the tech industry and Fed policies also put pressure on US stocks
The decline in US stocks has put pressure on $BTC, which last night retreated to $65K
When stocks rise, coins don’t follow; when they fall, they fall immediately 😒
$BTC $ETH