Fear Grips Wall Street
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- 😨 Grim U.S. Job Numbers Roil Markets. Volatility is back on the menu.
Read more on Bankless.com - 📈 Polymarket Surpasses $1B in Total Trading Volume. The popular predictions market had its best month ever in July as it attracted more election attention.
Read more on Bankless.com - 🏦 Morgan Stanley Advisors Soon Can Offer BTC ETFs to Clients. Financial advisors at the financial giant will be able to offer BTC ETFs to clients with net worths north of $1.5 million.
Read more on Bankless.com
📸 Daily Market Snapshot: Recession fears reignited as brutal July job numbers were released. The Nasdaq officially entered correction territory with today's 2.4% decline bringing it down 10% from its most recent all-time high. The fear also spread to crypto, bringing ETH down 5% on the day, with alts crashing hard as well.
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.22T | ↘3.9% | ↘7.9% |
|
BTC $61,860 | ↘4.5% | ↘8.8% |
|
ETH $2,991 | ↘5.3% | ↘8.3% |
|
W $0.225 | ↘6.1% | ↘22.2% |
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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
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