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Asia Stock Market Continues Bloodbath, US Stocks, Bitcoin Joins

Asia Stock Market Continues Bloodbath, US Stocks, Bitcoin Joins

Photo: Coinpedia

Asian markets wiped out more than $1 trillion as technology stocks faced heavy selling pressure. Japan’s Nikkei entered bear market territory after plunging 6% during Friday’s trading session. Bitcoin fell toward $76,000 as strong US jobless data triggered nearly $1 billion in liquidations. Asian stock markets are deepening their sell-off, with more than $1 trillion in market value wiped out today, after losing over $550 billion yesterday. Japan, South Korea, China and Taiwan all faced heavy losses, while Wall Street suffered a $2.5 trillion wipeout. The crypto market did not escape the fallout, Bitcoin dropped below $76,000.

Source: Coinpedia

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