Reasons Behind Market Crash 📉

#MarketDownturn Don't worry, don't panic.

There are four main reasons behind the current market crash.

1. Middle East Conflict: The recent attack by Israel on Iran, resulting in the death of a leader of a specific group, has heightened tensions. Iran has vowed retaliation, making this conflict a significant factor in the market downturn.

2. Japanese Market: The Japanese government has increased interest rates for the first time in 30 years, from 0% to 0.25%. This shift has impacted Japanese financial institutions and their investors, contributing to the market decline.

3. Protests in Bangladesh and the UK: In Bangladesh, serious protests are underway, with demonstrators calling for the removal of Prime Minister Sheikh Hasina Wajid. In the UK, a attack has led to community protests, slightly affecting the UK market.

4. US Stock Market Trends: The US stock market, including Nasdaq, has been on a downtrend. Notably, Tesla owner Elon Musk has faced losses amounting to $2.70 billion.

So, how can we mitigate these losses? Here are some tips:

- Patience: Don't worry and don't panic.

- Invest More: If you have the means, consider investing more or holding your current investments.

- Wait: The market is expected to start recovering within a week, Inshallah.

Stay updated.

#BTCMarketPanic #RecessionOrDip? #MarketDownturn #BullBanter