Global equities decline sharply, with Asian markets leading the downturn as investors react to heightened volatility across financial markets. South Korea drops 7.5%, Japan falls 6.2%, and Vietnam declines 6.5%, marking some of the steepest losses among major regional benchmarks. Taiwan falls 5.1%, while Australia and India drop 3.4% and 3%, respectively.
Other regional markets also move lower. Hong Kong falls about 2.5%, Singapore declines 2.8%, and mainland China slips 1.1%. Futures for the S&P 500 indicate U.S. equities may open around 2.3% lower, signaling continued pressure across global risk assets.
In contrast, Bitcoin trades about 2.4% higher, diverging from broader risk markets. The move highlights ongoing cross-asset volatility as investors reassess global macro risks and capital flows.