Author Kosta Gushterov

Japan’s key Nikkei 225 index rallied more than 10 percent early Tuesday, after its biggest drop in 37 years the previous day.

After August 5, one of the worst days for both crypto and stock markets, many investors chose to move away from risky assets, which affected Bitcoin ETFs in the US.

Spot Ethereum ETFs in the United States started the week on a positive note despite Monday’s market decline that saw the ETH price fall below $2,200.

The cryptocurrency market has recently experienced a significant downturn, resulting in large losses for many investors.

Over the past 24 hours, over $1 billion worth of crypto futures were liquidated as the market decline intensified on Sunday and continued into Monday.

Robinhood has suspended its 24-hour trading feature in response to increased market volatility.

Concerns about the state of the U.S. economy are having an impact on the Japanese stock market and stock indices in Asia.

Financial analysts say fears of a global recession have risen after a dramatic $2.9 trillion drop in stock market values.

In the real estate sector, the term “housing crash” is causing concern among homeowners, investors, and financial experts. 

The cryptocurrency market dropped significantly on Sunday, with investors selling risky assets.