Cointime

Cointime

Download App
iOS & Android
Home / Point

Investors Anxious as Cryptocurrency and Stock Markets Decline Amid Debt Ceiling Talks and FOMC Minutes Release

Investors are growing increasingly concerned as both the cryptocurrency and stock markets continue to decline without any resolution in sight for the debt ceiling deal. The price of gold remains stagnant, while Bitcoin and the cryptocurrency market have both dropped by 2%.

Today, global stock markets have also fallen by an average of 1%. Talks on the debt ceiling limit will continue this week, causing US futures to open lower on Wednesday. Additionally, the release of FOMC minutes is putting additional selling pressure on the market.

For those interested in investing in crypto presale projects for 2023, we have an updated list available, as well as an updated list of crypto Telegram channels for 2023. Stay informed with the latest news on Bitcoin, the cryptocurrency market, stocks, the FOMC, and the United States debt ceiling.

Bitcoin Bitcoin $67,898.00
+1.39%
Cryptocurrency
Comments

All Comments

Recommended for you

  • Hong Kong's financial industry may study launching stablecoin trading desks and institutional custody services

    Hong Kong Monetary Authority recently announced the list of participants in the stablecoin issuer sandbox, including JD Coin Chain, Circle Coin Innovation, Standard Chartered Bank, Anni Group, Hong Kong Telecom and other institutions. Research reports released by Zeng Shengjun, a researcher at the Greater Bay Area Financial Research Institute of the Shenzhen Branch of Bank of China, and Guan Zhenqiu, a researcher at the Hong Kong Financial Research Institute of Bank of China, analyzed that the Hong Kong dollar stablecoin can improve the efficiency and inclusiveness of the Hong Kong financial system. Its stability, free convertibility, high security, high open source and cross-border mobility can provide support for a wider range of financial innovations.

  • Harris: Ready to debate Trump on September 10

    US Vice President Harris told reporters that she is ready to debate with Trump on September 10th. She said: "I agree to the previously agreed upon September 10th debate. He (Trump) agreed before, but now he is backing out. I am ready, and I think voters should see the division in this election on the debate stage, so I am ready. Let's get started." It is reported that Harris has gained enough support from delegates and is expected to become the Democratic candidate. The Democratic National Convention will be held in Chicago from August 19th to 22nd.

  • Vitalik: The ultimate decision on the success of cryptocurrency is the practical application of technology

    Vitalik, the co-founder of Ethereum, recently stated on the "Bell Curve" podcast that the actual application of technology determines the success or failure of cryptocurrency. If cryptocurrency can become mainstream, or at least a trusted alternative like Linux, then it can be considered a success.For example, Ethereum accounts can replace social account logins, or cryptocurrency can become a part of the financial system, DAO can become an alternative for enterprises or non-profit organizations, and decentralized social media or prediction markets can succeed.On the other hand, if the cryptocurrency field is remembered as a group of idealists gradually decreasing their cries, or a group of people trading digital monkeys and celebrity photos, it would be a disappointing result.

  • Biden speaks out on withdrawing from 2024 US presidential election

    On the 24th local time, US President Biden gave a speech in the Oval Office of the White House, explaining the reasons for his withdrawal from the 2024 presidential election. On July 21st local time, US President Biden announced his withdrawal from the 2024 presidential election. In a letter posted on his personal social media that day, Biden said that he had intended to seek re-election, but for the best interests of the Democratic Party and the United States, he decided to withdraw from the presidential race and focus on fulfilling his presidential duties during his term.

  • US Congressman: Taxing Bitcoin Miners Would Be Bad for America

    US Senator Cynthia Lummis stated that taxing Bitcoin miners would be detrimental to the United States. "The Biden administration's dangerous plan to tax Bitcoin miners is a blatant attack on innovation."

  • Biden makes first public appearance since announcing his withdrawal from the race

    On July 24th, it was reported that Joe Biden made his first public appearance since July 17th, which was also his first public appearance since dropping out of the presidential race. During the event, Biden did not respond to questions from reporters regarding the election or his health. Prior to this, it was announced that Biden would deliver a national address at 8pm EST on Wednesday (8am Beijing time on Thursday).

  • U.S. House Speaker calls on Biden to resign "immediately"

    After Biden announced his withdrawal from the election, Republican House Speaker Johnson called on Biden to resign "immediately". Johnson said in a statement, "If Biden is not suitable to run for president, he is not suitable to be president. He must immediately resign from the presidency." Johnson said that more than 14 million Americans chose Biden as the Democratic presidential candidate, but the party that called itself "Democratic" announced that their votes were invalid. As the Speaker of the House of Representatives, Johnson ranks second in the presidential succession order, second only to Harris.

  • U.S. House Speaker calls on Biden to resign "immediately"

    After Biden announced his withdrawal from the race, Republican Speaker of the House of Representatives, Johnson, called on Biden to resign "immediately". Johnson said in a statement, "If Biden is not suitable to run for president, he is not suitable to be president. He must resign as president immediately." Johnson said that more than 14 million Americans chose Biden as the Democratic presidential candidate, but the party that calls itself "Democratic" declared their votes invalid. As the Speaker of the House of Representatives, Johnson ranks second in the presidential succession order, second only to Harris. When asked about some Republican congressmen calling on Biden to resign as president, the White House said that Biden "looks forward to completing his term." Senate Republican leader McConnell also accused the Democrats of "trying to overturn the will of the American people expressed in the national primaries," but did not call for Biden to resign as president.

  • Santiment: This year's US election-related news may drive cryptocurrency speculation

    Santiment, a blockchain and off-chain data intelligence platform, posted on X platform that an attack on Donald Trump occurred about 8 hours ago, and the cryptocurrency market immediately reacted, with BTC rebounding to $60,300, hitting a new high in nearly 10 days. Considering the seriousness of any attempt to attack public figures (or non-public figures) and the distinctly different political positions of cryptocurrencies, it is undeniable that there has been a clear bullish bias around the 2024 US presidential candidate. With the approaching autumn US election and Trump's recent remarks in support of cryptocurrencies, the cryptocurrency community generally holds an optimistic attitude towards news that supports Trump. Undoubtedly, news of avoiding assassination is seen as supporting Trump, so the cryptocurrency market has shown a positive response. It should be noted that at least for the remaining time in 2024, any noteworthy US election news will continue to trigger such market reactions, especially in a field like cryptocurrencies that is always driven by speculation.

  • PEOPLE breaks through $0.065

    The market shows PEOPLE has broken through $0.065 and is now trading at $0.06601, with a 24-hour increase of 8.97%.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company