Crypto prices dovetailed with stock indexes, which also plummeted on Tuesday as investors continued their recent exile from riskier assets. The tech-focused Nasdaq, the S&P 500, which has a heavy technology component, and the Dow Jones Industrial Average (DJIA) all declined about a percentage point. The Fed’s continued monetary hawkishness aims to quell inflation, which has reached four-decade highs in recent months, but risks casting the global economy into recession.
Source: https://www.coindesk.com/markets/2022/09/20/first-mover-asia-bitcoin-flutters-around-19k-sec-case-against-crypto-promoter-ian-balina-faces-one-big-problem/?utm_medium=referral&utm_source=rss&utm_campaign=headlines