| Time | Details |
|---|---|
| 2024-08-02 13:19 |
Major Stock Market Crash in Japan and Its Implications on Crypto Markets
According to @CryptoMichNL, there has been a significant stock market crash in Japan, the largest since Black Monday in 1987. This has led to a cascade in yields and the U.S. Dollar Index (DXY), coinciding with weakening labor markets. A September rate cut by the Federal Reserve is now seen as certain, leading to an expansion in the liquidity cycle. The U.S. economy is facing substantial trouble, which could have broad implications for cryptocurrency markets. (Source) |
| 2024-08-05 05:52 |
FED Emergency Meeting Amid Historic Japanese Stock Market Correction
According to @CryptoMichNL, the Federal Reserve (FED) is holding an emergency meeting today following a historic correction in Japan's stock markets. This significant market event could potentially impact global financial markets, including the cryptocurrency sector. (Source) |