🚨 Today, over $950 billion in market value was erased from just three stock markets: - KOSPI: 10.8% decline, $520–550 billion lost - TAIEX: 4.65% decline, the third-largest point drop in Taiwan’s history - Nikkei: 4.33% decline, $160–180 billion lost Today will be a critical day. Continue reading 👇 Today’s FOMC interest rate decision and fears over China’s chip supply chain are driving the sell-off. The KOSPI has already dropped 41% over the past 37 days. We last saw a decline of this magnitude in 2008, when a 57% drop lasted more than 300 days. This time, a similar collapse has occurred much more rapidly. Stock markets typically weaken in the second half of mid-cycle years—and these periods have historically been when Bitcoin finds its bottom.