🚨 Reasons for today's market decline

Global markets witnessed a sharp downturn that wiped out nearly $3.6 trillion in just 90 minutes, marking one of the fastest sell-offs in recent times.

The losses affected several asset classes, including:

gold (-3.76%)

silver (-8.5%)

S&P 500 and Nasdaq indices

cryptocurrency market including $BTC and $ETH and $BNB

📌 What's the reason?

The decline coincided with the resurgence of the US dollar, following reports that Russia is considering the possibility of returning to the use of the dollar in a potential economic partnership with the United States, which could include sectors like energy, gas, oil, and raw materials, in addition to the dollar settlement system.

📊 How does this reflect on the markets?

If these developments are confirmed, it could strengthen the dollar's global position, prompting investors to increase their exposure to dollar-denominated assets — especially US bonds — at the expense of commodities, metals, and stocks.

⚠️ This potential shift in capital flows could have a widespread impact on global markets in the coming period, increasing volatility in high-risk assets, including digital currencies.