BTC
briefly
fell
to
$55,500,
its
lowest
since
August
8,
to
reverse
nearly
all
gains
in
the
past
month.
The
broader
market
tracked
by
CoinDesk
20
(CD20),
a
liquid
index
tracking
the
largest
tokens
by
market
capitalization,
fell
nearly
6%.
Major
tokens
solana’s
SOL
and
ether
(ETH)
dropped
over
7%,
leading
losses.
U.S.
stocks
tracked
by
Nasdaq
100
and
S&P
500
fell
as
much
as
3.5%
lower
on
Tuesday
to
kick
off
a
historically
bearish
September
month
as
weak
manufacturing
data
reignited
concerns
over
an
economic
slowdown.
The
move
spread
over
to
Asian
markets
as
Japan’s
Nikkei
slid
more
than
4%
in
the
hours
after
opening
–
exacerbating
tremors
from
last
month’s
Yen
carry
trade
unwinding.