Global Sell-Off Begins: Yen Shock Triggers Massive Crash Across Markets

Global financial markets are witnessing a dramatic meltdown as heavy selling hits nearly every major asset class. From Bitcoin and gold to Nasdaq tech giants like NVIDIA, Google, Microsoft, and Tesla - prices are collapsing sharply worldwide. The trigger: the sudden unwinding of the Japanese yen carry trade after Japan’s new Prime Minister announced a $135-billion stimulus package, sending Japanese bond yields to their highest levels since 2008. Rising yields are forcing traders to exit leveraged positions, draining liquidity worldwide. Bitcoin has fallen over 33% from $1,24,000 to below $82,000, while the Nasdaq has corrected nearly 8% in just two weeks. Even the Indian rupee has hit a record low, signalling more volatility ahead. Extreme caution is critical - froth is being wiped out globally.