Trade War Fury: Asia’s Markets Crushed, Recession Fears Soar

1 min read

2 weeks ago bitnews

Asian markets experienced significant declines on April 7, with Hong Kong’s Hang Seng Index plummeting over 13%. The turmoil affected other asset classes, including bitcoin, which briefly fell below $75,000. China Sovereign Wealth Fund Intervenes Asian markets began the week of April 7 with steep drops across major indices, including Hong Kong’s Hang Seng Index,