Bitcoin plunged to its lowest level since April 2025 on Monday, dragged down by a severe and synchronized sell-off that swept across cryptocurrencies, commodities, and global equities. The downturn, described by analysts as a cross-asset liquidation event, reflects a broad flight from risk that saw traditional safe havens like gold tumble alongside speculative assets. With over $700 billion erased from the total crypto market capitalization in just two weeks, the crash appears driven by excessive leverage and liquidity pressures rather than a single geopolitical or macroeconomic trigger, signaling deep-seated investor anxiety.
about Bitcoin Hits 9-Month Low in Cross-Asset Liquidation Crisis
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NYC Elects Youngest Mayor in Century as Chip Stocks Slide
In a landmark political shift, New York City has elected 34-year-old democratic socialist Zohran Mamdani as its 111th mayor, making him the youngest person to hold the office in a century. Meanwhile, global semiconductor stocks faced significant selling pressure as concerns mounted over lofty valuations for artificial intelligence-related companies, with key Nvidia suppliers across Asia experiencing sharp declines that dragged down regional markets.
about NYC Elects Youngest Mayor in Century as Chip Stocks SlideBank of Korea Warns on Won Stablecoin Risks
South Korea’s central bank has issued a stark warning about the risks of privately-issued won-denominated stablecoins, challenging the notion that blockchain technology alone can ensure currency stability. The Bank of Korea emphasized that currency reliability depends on institutional trust rather than technological innovation, citing historical currency failures and recent stablecoin depegging events as evidence of inherent vulnerabilities in private-sector issuance.
about Bank of Korea Warns on Won Stablecoin RisksSamsung Shares Surge 21% in Month, YTD Hits 83%
Samsung Electronics shares have delivered impressive gains, rising 21% over the past month with year-to-date returns approaching 83%. Investors are closely monitoring what could drive the next phase of growth for the tech giant as momentum continues to build, with the 12-month total shareholder return standing at an impressive 69%.
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