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<a href="https://optimisus.com/news/crypto-news/bitcoin-and-ether-fall-sharply-as-u-s-stocks-post-large-losses/" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> fell to its lowest level since early August, with losses in U.S. and Asian equity markets causing major stocks to tumble nearly 10%. BTC briefly fell to $55,500, its lowest since August 8, reversing nearly all gains in the past month.Major tokens Solana&#39;s SOL and <a href="https://optimisus.com/news/crypto-news/users-panic-as-whale-sends-90k-eth-to-binance-in-the-last-24-hours/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a> dropped by over 7%. U.S. stocks, including Nasdaq 100 and S&amp;P 500, lost over $1 trillion on Tuesday, triggering a historically bearish September month.The move spread to Asian markets, with Japan&#39;s Nikkei slid more than 4% after opening, exacerbating tremors from last month&#39;s Yen carry trade unwinding. The Institute for Supply Management&#39;s manufacturing index slumped for a fifth straight month, remaining below the 50 threshold.Last week, <a href="https://optimisus.com/news/crypto-news/users-panic-as-whale-sends-90k-eth-to-binance-in-the-last-24-hours/" rel="noopener noreferrer nofollow">a crypto address owned by the ARB Foundation</a>, a non-profit organization supporting depression sufferers, transferred 60,000 ETH, valued at $150.33 million, to Binance in August. The current deposit has increased the total transferred amount to 90,000 ETH, valued at $226.02 million, causing apprehension in the crypto community.

Bitcoin (BTC) briefly falls to $55,500, its lowest since August 8

Optimisus

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