Global stock market sell-off impacts cryptocurrency market; bearish trend expected to continue

From Cointelegraph

August 2, 2024 1:32:36 pm:

Global stock markets experienced a sell-off, impacting cryptocurrency markets and indicating potential weakness.

Investors are cautious about the near-term outlook due to the bearish trend in both the stock and cryptocurrency markets.

The correlation between the global stock markets and cryptocurrency prices has become more evident as both experience downturns.

Experts suggest that the current market conditions may continue to affect the prices of cryptocurrencies in the short term.

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