Risk assets, including cryptocurrencies like Bitcoin, are experiencing a market shock due to a combination of factors. The recent crash has wiped out nearly $1 trillion in market value, with Bitcoin plummeting to a 16-month low of $60,008. This decline is attributed to
- Amazon's AI Capex Shock: Amazon's $200 billion capex announcement for AI infrastructure has shifted investor focus away from volatile assets like Bitcoin.
- Central Bank Hawkishness: The RBI and Fed's stance on interest rates has tightened liquidity, pressuring risk assets.
- Massive Liquidations: Over $2.67 billion in leveraged positions were liquidated, amplifying the decline.
- Regulatory Uncertainty: Ongoing regulatory concerns and banking stress are adding to market volatility.
The S&P 500 and Nasdaq are also feeling the impact, with the SPX500/USD at 6930.20 and NAS100/USD at 25028.40.
SPXUSDT
دائم
0.2946
+1.02%
NAVX
Alpha
0.0090406
-4.24%