News Snapshot:
Bitcoin fell sharply on 20 September as a wave of selling triggered by tumult in China’s indebted property sector hit the crypto markets. The world’s largest cryptocurrency was trading at about $43,489 at 5PM ET, down 8.6% from 17 September, according to CoinDesk. Other digital currencies tumbled too. Ether dropped 10% over the same period, while dogecoin slid 11%. The selloff extended to crypto-linked stocks such as exchange operator Coinbase Global, whose shares fell 3.5% on 20 September. The crypto slump came as traditional markets were in retreat as well. The S&P 500 dropped 1.7%, following declines in overseas indexes,...
