The S&P 500 plunged, and Redwave Bets Falls short as Inflation data eyed.
The S&P 500 plunged Wednesday amid uncertainty on who is likely to win the battle to control congress in an unexpectedly tight U.S. midterm election, just a day ahead of inflation data that could offer fresh clues on Federal Reserve monetary policy measures.
The European Union is considering tighter rules for commodity houses after margin turmoil.
European Union policymakers are considering extending some of the tough rules applied to banks to commodity firms in order to prevent a re-run of the problems they faced in meeting collateral payments after this year's gas price surge.
Bitcoin falls 13.17% in selloff.
Bitcoin was trading at $16,799.4 at 18:22 (18:22 GMT). Down 13.17% on the day. It was the largest one-day percentage loss since June 13.
The move downwards pushed Bitcoin's market cap down to $323.3B, or 38.84% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,275.5B.
