A red day on the US stock market — down $440 billion in a single session!
Nasdaq is down around 1%, while the semiconductor sector took the biggest hit (the SOX index plunged 2.5%).
What caused it?
China’s CXMT is putting pressure on US chipmakers and ramping up the competition.
Rising oil prices and a lack of progress on geopolitics are adding fuel to the fire.
The market is noticeably nervous right now. What do you think — will crypto follow stocks, or hold up? 📉🤔
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