According to Edward Dowd, today saw a significant risk-off sentiment across global markets, with notable declines in stocks, cryptocurrencies, and commodities. In contrast, longer-dated treasury bonds experienced a drop in yields and an increase in price, indicating a shift towards safer assets.

According to Michaël van de Poppe, the cryptocurrency market has experienced a 15% decline alongside a 12% drop in NVIDIA shares and over 10% in European chip companies. This market activity suggests a potential rebound after the U.S. market opens, presenting a possible trading opportunity for short-term traders monitoring these assets closely.