๐ฆข Black Monday for Global Financial Markets
๐ด BTC is trading below $76,000, ETH has dropped to $1,500 โ for the first time since October 2023. On average, altcoins have plunged by 15โ20%. Liquidation volumes exceeded $1 billion in a single day.
๐ด Chinaโs stock market opened with a 10% drop, marking the largest one-day crash since 2008.
๐ด U.S. indices are plummeting for the third day in a row, showing their worst performance since the COVID-19 pandemic.
๐ด A similar situation is unfolding across all global markets.
Jim Cramer says Monday's stock market crash resembles the "Black Monday" of October 1987 and suggests the S&P 500 could fall another 22%.
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