Why Crypto is crashing 🚨

A thread🧵

1. The Nikkei experienced its largest two-day drop ever, exceeding the decline seen on Black Monday.

Nikkei is a price-weighted index, operating in the Japanese Yen

Means Japan Stock Market is crashing 🚨

2. According to Axios, the US alerted the G-7 that Iran might launch an attack on Israel within the next 24 hours

World War 3 Fear 🚨 Leads To Drop In US FUTURES Market

3. Trump's winning chances are decreasing 

Momentum has shifted from Trump to Kamala Harris. Polymarket now shows Trump at 52% and Kamala at 45% with the gap narrowing.

4. The Korean stock market has just experienced a catastrophic fall, triggering an immediate trading halt, much like the infamous Black Monday crash of 1987.

5. Jump trading is selling $ETH and the rumour is that they're insolvent 🚨

These are few possible reasons for this crypto dump, if this thread is helpful then

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