The global market is experiencing heightened geopolitical uncertainty and AI-related concerns, weighing on U.S. equities.
Oil prices have risen due to tensions around the Strait of Hormuz, while U.S. inflation data is expected to be released soon, causing caution among investors.
Crypto markets are also affected, with Bitcoin struggling to maintain its rebound and trading at $63,599.7 as of August 12th.
More on Crypto
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