The biggest drop since 1987
Over the past three days, the U.S. stock market has experienced one of the most significant declines in decades.
Nasdaq-100 futures fell by 5.4%, and the S&P 500 dropped by 3.84%. If this trend continues, it will be the sharpest three-day drop since 1987, surpassing even the COVID-19 pandemic crisis periods.
In just two days, about $6.1 trillion has "vanished" from the market.
When people say “$6.1 trillion vanished,” it means the market valuation of company stocks dropped by that amount due to sell-offs, fear, news, etc.
Over the past three days, the U.S. stock market has experienced one of the most significant declines in decades.
Nasdaq-100 futures fell by 5.4%, and the S&P 500 dropped by 3.84%. If this trend continues, it will be the sharpest three-day drop since 1987, surpassing even the COVID-19 pandemic crisis periods.
In just two days, about $6.1 trillion has "vanished" from the market.
When people say “$6.1 trillion vanished,” it means the market valuation of company stocks dropped by that amount due to sell-offs, fear, news, etc.
China will not bow to pressure and will firmly defend its legitimate rights, the Chinese embassy in the U.S. stated after new threats from Trump regarding tariffs.
The devaluation of the yuan could be a catalyst for Bitcoin's growth. If the yuan continues to weaken, Chinese citizens may once again start moving their money into Bitcoin — just like in 2013 and 2015, says Arthur Hayes.
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The U.S. president, Donald Trump, said that countries "kiss his ass" to make new trade deals with the U.S. He also noted that tariffs bring the country 2 billion dollars a day.
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📈 Gold has reached a new ATH—will Bitcoin be the next to rise?
The rise in gold prices is driven by increasing global trade tensions, especially following the U.S. tariff hike on Chinese imports. Investors are turning to safe-haven assets amid geopolitical instability and expectations of Federal Reserve rate cuts.
Historically, during periods of economic uncertainty, gold often rises first, followed by Bitcoin. For instance, in 2020 after the COVID-19 crisis, gold peaked in August, and Bitcoin began a sharp rise in the fall, reaching new highs by year’s end.
If current macroeconomic trends continue, we may see a repeat of the pattern where gold’s rise precedes Bitcoin’s. However, it's important to remember that past trends do not guarantee future results.
The rise in gold prices is driven by increasing global trade tensions, especially following the U.S. tariff hike on Chinese imports. Investors are turning to safe-haven assets amid geopolitical instability and expectations of Federal Reserve rate cuts.
Historically, during periods of economic uncertainty, gold often rises first, followed by Bitcoin. For instance, in 2020 after the COVID-19 crisis, gold peaked in August, and Bitcoin began a sharp rise in the fall, reaching new highs by year’s end.
If current macroeconomic trends continue, we may see a repeat of the pattern where gold’s rise precedes Bitcoin’s. However, it's important to remember that past trends do not guarantee future results.
According to statistics, there are only 58 million dollar millionaires in the world, while only 21 million BTC can ever be mined — and 19.9 million have already been mined.
This means that most millionaires will never own 1 BTC.
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Yesterday, the value of the OM token dropped by 90% after 43.6 million tokens (4.5% of the total supply) were transferred to exchanges.
Previously, the project was associated with several controversial events, including the presence of multiple online casino owners in the Mantra team and false claims in 2021 about investments from FTX.
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