📰 What you should know this Monday, August 5
🚨 Today we are in "Black Monday" with a big stock market crash.
🩸 A global financial crisis situation has been unleashed. Signs of recession in the United States, war in the Middle East and negative data in the Asian market are negatively impacting the price of the main financial assets.
📉 More than 1,000 cryptocurrencies collapse amid the "crash" of the markets. Memecoins are the digital assets with the biggest price drop in the last week.
🔎 Only gold (at historic highs) and stocks of war companies on the rise. Refuge of value and arms manufacturing on the rise, in the midst of the complex global scenario.
⚠️ In the last 24 hours, 293,200 traders were liquidated, and the total liquidations reached $1.12 billion.
The largest single liquidation order occurred on Huobi – BTC-USD worth $27.00M.
🌐 For more news and analysis follow us on Telegram
