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Bitcoin, stocks, gold, and alts decline as Q3 ends with a whimper
Markets finished the last day of the third quarter on a down note, with stocks, cryptos, and precious metals all recording losses on Monday. In the absence of significant data releases, market watchers were focused on Fed chair Jerome Powell’s comments at the National Association for Business Economics this afternoon. This was Powell’s first live event since the central bank’s monetary policy meeting two weeks ago, and while he didn’t say anything surprising, markets declined while he spoke, with gold and Bitcoin hitting session lows. As of Monday afternoon, the CME FedWatch Tool shows the likelihood of a 25 ... (full story)