Currently, Bitcoin (BTC) is priced at $83,500, marking a decline of 2.55% in the last 24 hours. Both Ether (ETH) and Solana (SOL) have dropped approximately 3%, while XRP (XRP) has seen a significant decrease of 7.5%.
Futures for U.S. stock indices indicate a continuation of the downward trend, with the Nasdaq falling by 0.9% and the S&P 500 down 0.5%.
The bond market is stable on Thursday after a significant drop the previous day, which led to the U.S. 10-year Treasury yield rising nearly 20 basis points, reaching its highest point in over 19 years.
Today’s economic data will include Initial Jobless Claims, which are anticipated to reflect ongoing strength in the U.S. labor market. Additionally, August's New Home Sales will be released, along with remarks from several Federal Reserve officials.