Japan's Nikkei 225 Falls 6.72% as SoftBank Shares Slide 14%

Japan’s Nikkei 225 fell 6.72% and moved below 57,000 at 7:28 p.m. ET Thursday (00:28 UTC Friday), putting a steep decline in a major Asian equity market on the radar for U.S. crypto traders. SoftBank shares fell 14%, while Tokyo Electron and Advantest each lost 13%. All three declines were steeper than the index’s 6.72% slide, with SoftBank down more than twice as much as the benchmark. The falls put pressure on both the broader Japanese market and individual shares. With the Nikkei below 57,000, the benchmark’s decline captures the scale of the move across Japanese equities.

Source: TokenPost