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The cryptocurrency market reacted swiftly to the global economic downturn over the weekend, with predictions of continued instability.

A prominent on-chain analyst predicts that the US government might eventually return up to 100,000 seized Bitcoin to their original owners.

After a dramatic $1 billion liquidation wave among leveraged crypto traders in the past 24 hours, Justin Sun, the founder of Tron (TRX), has unveiled a major relief initiative.

A recent analysis reveals that significant declines in just 10 S&P 500 stocks, including major players like Nvidia, Microsoft, and Amazon, have erased over $2 trillion from investor portfolios since mid-July.

Berkshire Hathaway, led by Warren Buffett, saw a 15% rise in after-tax operating profits for the latest quarter, driven by substantial gains from its investment in Apple.

During an interview on CNBC, Wharton’s Professor Jeremey Siegel, who is also the Chief Economist at WisdomTree calls for 0.75% emergency rate cut by the FED.

Today is a dark day for the global finanace as every market experienced a significan crash – from the U.S. and Japanese stock markets to crypto.