Crypto Assets Slowly Grow As US Stocks Crash

Good morning, Friend Cuan! The condition of the United States (US) stock index was observed to be still low while crypto assets had turned green again on Tuesday (15/3) morning. What happened? Come on, see

US Stock Index
Wall Street's trio of stock indexes were still sluggish at the close of trading Monday (14/3) local time. The value of the Dow Jones Industrial Average (DJIA) looks to be in place, while the values of the S&P 500 and Nasdaq have lost 0.8% and 2%, respectively.
The Nasdaq value has now plunged 20% from its highest peak, an event that has occurred for the first time since March 2020.
The sluggish performance of technology stocks was the cause of the sluggishness of the three US indexes yesterday. Shares of Apple, Amazon and Google plunged 2% while Microsoft's value fell 1% yesterday.
This happened after market participants kept their distance from technology giant stocks categorized as growth stocks. Investors took this action because they anticipated the increase in the Fed's benchmark interest rate which was originally scheduled for this month.
For your information, an increase in the benchmark interest rate will raise interest rates for business and consumer loans. The implication is that consumption growth can be hampered and loan interest rates will also increase. Well, these possibilities will reduce the income of big tech issuers as well as increase the company's innovation burden, part of which is funded by loans.

Crypto Asset
The crypto market is starting to look to recover on Tuesday morning after being stuck in the red yesterday. Launching Coinmarketcap at 07.21 WIB, 10 crypto assets with the largest market capitalization in the world have successfully landed in the green zone in the last 24 hours.
Bitcoin (BTC) is now entrenched at US $ 39,458.1 per chip alias grew 4.36% compared to the last day. Then, the value of Ether (ETH) also jumped 2.51% to US $ 2,580.61 at the same time.
Other altcoins also followed the fate of the two crypto retainers. The value of Binance Coin (BNB) grew 2.81% in the past day, while the values of XRP, Cardano (ADA), and Solana (SOL) rose 2.1%, 1.57%, and 2.55% respectively. the same one.
Of all the major crypto assets, Terra (LUNA) was the star this morning after recording 7.45% growth in value in the past day.
Despite strengthening in the morning, crypto assets are actually still quite volatile. OANDA senior analyst Edward Moya as quoted by Coindesk said that this condition is a reflection of investors' wait and see action anticipating several major events in March.
Keywords: stock market crash,crypto crash,stocks,stock market,crypto,crypto market crash,crypto news,bitcoin crash,crypto crashing,stocks crash,cannabis stocks crash,crypto news today,crypto crash april 2022,stock market news,weed stocks crash,cannabis stocks crash news,weed stocks crash news,stock crash,market crash,marijuana stocks crash,stock market crash 2021,stock market crash news,stock market crash coming,marijuana stocks crash news

Видео Crypto Assets Slowly Grow As US Stocks Crash канала New CERITA JALANAN