Low impact
Asian stocks fell broadly and bitcoin retreated as China entered a bear market, with technology shares leading regional losses amid mixed U.S. earnings, while Brent crude climbed above $112 a barrel.
CoinDesk10/22, 03:49 PM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
BTC
Pushes down
IntradayMedium confidence
Broad risk-off selloff in Asian equities and China's bear market weighs on risk assets like bitcoin
What could change this
If the China-driven selloff proves company- or sector-specific rather than broad risk aversion, pressure on bitcoin could ease.
BTC before and after this story
80,936.02-0.74%vs previous close
-1.29%
since this story
Measured from the price when this story was posted to the latest stored price, so it can lag the live price.
This story
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