The panic index soared by nearly 70%! Several circuit breakers and a global plunge, what happened?

"Black Monday" in the global financial market.

The panic index soared, and cryptocurrencies plummeted

Although the U.S. stock market has not yet opened, the futures of several major U.S. stock indexes have expanded their losses this afternoon. As of press time, the Dow futures fell by more than 1%, the S&P 500 futures fell by 2.79%, and the Nasdaq 100 futures fell by more than 5%.

In addition, the S&P 500 VIX index futures, known as the "panic index", soared sharply, once rising by more than 66%.

In terms of European stocks, the current major index futures have fallen by more than 2%.

In addition, the cryptocurrency market also plummeted, and Bitcoin once fell below the $49,000 mark. Data shows that the total market value of the crypto market once fell below $1.9 trillion. In the past 24 hours, more than 270,000 people in the market had their positions liquidated, and the total amount of liquidations exceeded $1 billion. $ETH $BTC