Advertise
Nikkei Crashes 2.7% As $202 Billion Wiped From Japanese Stocks
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.
Japan’s Nikkei 225 plunged 2.53% to close at 64,536.79, erasing roughly ¥31.8 trillion ($202 billion) in market value, one of the region’s steepest single-session losses, driven by a heavy sell-off in tech stocks. The pressure spread across Asia. South Korea’s KOSPI Composite fell 2.41% to close at 6,671.12, weighed down by technology and export-heavy stocks. The declines came even as South Korea’s annual inflation came in at 3.1%, slightly below the 3.2% forecast, offering little relief to sentiment already rattled by the regional tech sell-off.
Was this writing helpful?
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
