Coinbase Global is trading 4.2% down now at $180.18 as Bitcoin, Ethereum and Solana decline 1.73%, 1.82%, and 2.30%, respectively, since the August 31 close.
- The S&P 500 is down 0.67% and Nasdaq Composite 1.05%, reflecting broader risk aversion.
- Elevated inflation and interest-rate concerns are pressuring risk assets.
- September 1 crypto coverage linked renewed weakness to persistent inflation concerns and hawkish monetary-policy expectations.