Crypto and Stocks Crumble Amid Global Financial Turmoil 🚨🚨

Global financial markets are in chaos, driven by the unraveling of the Japanese carry trade, which has sparked an unprecedented sell-off.

Key Highlights:

•Japan’s Nikkei 225: The index has plummeted by a staggering 18.2% over just two days, with a sharp 12.4% drop today alone.

•US Markets: Over the past week, $7 trillion in market value has been wiped out.

•Cryptocurrency Crash: In the last 24 hours, more than $1 billion has been liquidated, with Bitcoin and other cryptocurrencies taking a steep nosedive.

•Fed Rate Freeze: The Federal Reserve’s decision to hold interest rates steady, amid signs of a slowing US economy, has only deepened market uncertainty and instability.

Sources: Reuters, Markets Insider, Federal Reserve History