Traditional cryptocurrency markets started the week with significant volatility.
Asian stock markets saw levels not seen in 37 years. Sharp downward movements were seen mainly in Japanese stock markets, but also in Korean and US stock markets.
In Japan, some exchanges temporarily halted trading on the Nikkei and TOPIX exchanges after declines triggered by "carry trade".
These declines are attributed to the potential for war in the Middle East, negative data from the US, civil unrest in the UK, Europe and Venezuela, in short, the possibility of World War 3. Also, in the midst of all this, the USDT/TL parity reached 35 levels. It remains to be seen how the dollar will perform during the day after the markets open.
At the time of writing, Bitcoin (BTC) is trading at $53,040 and Ethereum (ETH) is trading at $2,334.
The fear and greed index is at the fear level with "26".
Important developments for the day:
Linear (LINA): An ask-what-you-want event will be organized for the "Linear Marketplace".
Siacoin (SC): A broadcast will be organized to provide information on the latest updates.
Cartesi (CTSI): There will be a broadcast with the participation of project developers