A market rout hits global indices on June 23, causing digital assets like Bitcoin and Ethereum to fall alongside tech stocks and memory chip companies.
Steady: 1 in the last 7 days
Updated sunday
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How it started
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What happened
A market rout hits global indices on June 23, causing digital assets like Bitcoin and Ethereum to fall alongside tech stocks and memory chip companies.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- A tech sell-off began in New York markets, driven by rate hike concerns and hawkish commentary from the FED.Sub-event
- Expert caution regarding Micron's market trends and reports on the company's quarterly financial estimates.Sub-event
- Nvidia makes a $2 billion investment in CoreWeave as revenue declines for AI infrastructure firms due to falling Bitcoin prices.Sub-event
Global market downturn hits crypto and tech stocks, pulling down memory chip values.1 source
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The entities involved
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Bitcoin
digital cash system and associated currency
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Ethereum
public blockchain platform with programmable transaction functionality
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Micron Technology
American multinational corporation based in Boise, Idaho