World stocks slid below recent seven-week highs and the dollar rose on Wednesday as investors awaited both the results of the U.S. mid-term elections and key data on consumer prices that could impact the Federal Reserve’s policy on interest rates. Bitcoin, the biggest cryptocurrency by market value, fell 9.81% to $16,730.00 amid concerns about the stability of the sector after a "liquidity crunch" led major exchange FTX into a potential deal with rival Binance. The Wall Street Journal reported that Binance would likely walk away from the deal, citing a source familiar with the situation.
About the Author
