Crypto
Risk-Off Sentiment Weighs on Bitcoin and Equities
Risk-off sentiment is prevailing in the market, putting pressure on risk assets such as Bitcoin and equities.
The Dow Jones Industrial Average (DJIA) is approaching a potential breakdown below a 4-month support level, while Bitcoin is testing resistance that has held since May 2026.
The global food price index rose to its highest level since late 2022 in August, according to the Food and Agriculture Organization of the United Nations. This adds to inflation and interest-rate concerns ahead of Friday's U.S. CPI report and next week's FOMC meeting.