Shiba Memu resilient as Nasdaq 100, Russell 2000, bonds plunge
American stocks continued their sell-off this week as risks rose. Cryptocurrencies have proven resilient despite the challenging environment. Shiba Memu token sale has accelerated recently. It has been a sea of red in the financial market this week as the fear and greed index plunged to the lowest level in months and the US dollar index (DXY) surged to $106.7. The closely watched iShares 20 Plus Year Treasury Bond ETF (TLT) has plunged to the lowest point since 2014. It has fallen by over 17% from the highest point this year. Meanwhile, the small-cap Russell 2000 index, has moved into a correction zone by plunging by over 12% from its peak this year. Other assets like commodities have also retreated as investors remain concerned about the next action by the Federal Reserve. The Fed has committed to hike interest rates to 5.7%, raising concerns about defaults and a recession. Cryptocurrency prices have remained quite resilient in the past ...