Bitcoin Plummets Amidst Economic Uncertainty

Bitcoins price plummets, marking its lowest point since April, as the cryptocurrency market experiences a broad sell-off. Ether and Solana also see significant drops, along with exchange-traded funds and shares of companies like MicroStrategy and Marathon Digital Holdings. This widespread decline suggests a shift towards safer investments due to increased market uncertainty. A delayed jobs report for September adds to the confusion, making it unclear whether the Federal Reserve will cut interest rates and further impacting Bitcoins price.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.