Global Markets Crash Today as Gold, Silver, Nikkei and KOSPI Fall
Photo: Coinpedia
Gold fell over 1% to around $4,087 per ounce, while silver dropped more than 2.4% to $56.20. Japan’s Nikkei fell around 2.3%, with reported one-day market losses reaching ¥17.8 trillion. Bitcoin fell below $83,000, while Ethereum dropped under $2,445 as the global crypto market cap slipped to $2.87 trillion. The multi asset market is crashing today as Gold fell below $4,100 an ounce, silver lost more than 2.4%, and Asian stock markets turned red. Japan’s Nikkei dropped 2.5%, while South Korea’s KOSPI fell 2.7%. The sell-off comes as rising oil prices fuel fears of higher inflation and U.S. interest rates.
Source: Coinpedia
