Asian Markets Lose $1.2 Trillion After Thursday’s US Bloodbath
AI summary
Asian stock markets shed more than $1.2 trillion in value on Friday, following a severe US tech selloff that erased roughly $3 trillion. The scale of the losses has investors questioning whether the AI-driven rally is losing momentum or merely correcting. Crypto traders care because broad risk-off moves in equities have historically pressured bitcoin and altcoins, and a sustained equity drawdown could tighten liquidity across speculative assets.
