{"id":"tp-12641","type":"article-newspaper","title":"Japan stock meltdown: why it rattled the crypto market","author":"Sheena Jordan","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/12641","datePublished":"2024-08-09T03:15:44.000Z","dateModified":"2024-08-09T03:15:44.000Z","language":"en","abstract":"Japan’s stock market plunged 12% on Monday, August 5 – its worst day in 37 years. The severity of the fall triggered losses in stock markets around the world. In the US, for example, the Nasdaq index dropped more than…","section":"Business","references":[{"title":"plunged 12% on Monday","url":"https://www.independent.co.uk/asia/nikkei-sensex-kospi-today-stock-market-b2591799.html"},{"title":"triggered losses","url":"https://edition.cnn.com/business/live-news/global-stock-markets-plunge/index.html"},{"title":"rebounded","url":"https://www.theguardian.com/business/article/2024/aug/06/global-markets-partly-recover-but-analysts-fear-were-not-out-of-woods"},{"title":"bumpy weeks ahead","url":"https://www.wsj.com/finance/stocks/a-volatility-storm-is-buffeting-markets-when-will-it-clear-532e46c5"},{"title":"fear of a slowdown","url":"https://www.bbc.co.uk/news/articles/c6p224j24x0o"},{"title":"highest unemployment rate","url":"https://www.bbc.co.uk/news/articles/c7202xvpwn5o"},{"title":"suggested","url":"https://www.thisismoney.co.uk/money/markets/article-13695327/Fed-paves-way-rate-cuts-soon-month-inflation-falls-2.html"},{"title":"waited too long","url":"https://www.bbc.co.uk/news/articles/cvgdd0xvxd7o"},{"title":"already cut interest rates","url":"https://www.ft.com/content/6c0d1fe5-ee7e-412e-a72d-49c1ba05d883"},{"title":"were also down","url":"https://www.forbes.com/sites/petercohan/2024/08/03/why-warren-buffett-dumped-56-of-berkshires-apple-stock/"},{"title":"crypto","url":"https://www.econotimes.com/Japan-stock-meltdown-why-it-rattled-the-crypto-market-1683608#"},{"title":"below US$50,000","url":"https://www.cnbc.com/2024/08/05/crypto-market-today.html"},{"title":"up to 30%","url":"https://fortune.com/crypto/2024/08/05/solana-suffers-30-weekly-drop-as-alt-coins-hammered-in-crypto-crash/"},{"title":"Coingecko","url":"https://www.coingecko.com/en/coins/bitcoin/usd#:~:text=The%20value%20of%20BTC%20today,of%20Bitcoin%20traded%20was%20%2446%2C686%2C066%2C503.&text=Fully%20Diluted%20Valuation%20(FDV)%20is,on%20its%20current%20market%20price."},{"title":"CC BY-NC-ND","url":"http://creativecommons.org/licenses/by-nc-nd/4.0/"},{"title":"research","url":"https://doi.org/10.1016/j.econlet.2018.01.004"},{"title":"research","url":"https://doi.org/10.1016/j.jfs.2019.100706"},{"title":"Ethereum","url":"https://www.forbes.com/sites/digital-assets/2024/08/05/ether-prices-fall-to-lowest-point-of-2024-as-crypto-markets-bleed/"},{"title":"Coingecko","url":"https://www.coingecko.com/"},{"title":"research","url":"https://doi.org/10.1016/j.frl.2017.12.006"},{"title":"like the US election","url":"https://theconversation.com/make-bitcoin-great-again-what-donald-trumps-backing-of-crypto-could-mean-for-the-industry-235988"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}