U.S. stock futures dropped Sunday evening, amplifying worries of a disorderly business opening and igniting rumors of a potential” Black Monday”-style downturn as mood fell across equities and crypto.
S&, P 500 futures dropped 5.98 % by 10 p. m. ET, while Nasdaq 100 futures slid 6.2 %. Dow futures dropped by 5.5 %. Investors offload threat across all asset classes with the techniques coming after months of mounting business tensions and micro doubt.
In a blog on Saturday, CNBC’s Mad Money host Jim Cramer made reference to the historical parallel, saying,” Surprised we didn’t get a quick include rally in case President Trump realizes that a Black Monday might not shine a legacy.”
Asian markets reflected the deepening risk-offering mood, with early trading seeing Japan’s Nikkei 225 decline as much as 8.9 %. After a two-day vacation, the Taiex score in Taiwan plunged almost 10 %, causing circuit breakers for big companies like TSMC and Foxconn.
In an effort to maintain the business, authorities have furthermore imposed a temporary moratorium on short-selling.
According to CoinGlass data, liquidations have increased to about$ 892 million in the crypto sector, which includes more than$ 300 million for long and short positions in Bitcoin.
Marco Lim, the managing director of Solowin Holdings and the founding partner of MaiCapital, stated in  , ,” Not only has Bitcoins broken below$ 80, 000, but even silver has also decreased below$ 3,000.” ” We’re good to see further unwinding of have deals” says the statement “if USD/JPY falls lower.”
In other words, owners may begin removing money from higher-yielding assets, accelerating risk-offering flows across international markets.
In the meantime, volatility index futures ($ VIX ) have increased above their peak from August 2024.  ,
In a Sunday article on X, The Kobeissi Letter, a commonly read micro email, stated that business activity had “lost its peaceful nature” and was now “entry-driven.”
As golden future dimly fell below US$ 3, 000/oz, it stated,” Even the healthy enclaves are being dumped”. According to the company, attitude was close to levels that were last seen in March 2020.
The largest daily discharge on record was sold by retail investors on Friday during a 2.5-hour window.
Administrative money continued to flow out of U.S. stocks at a steady rate, with March 2025 marking the sharpest return in decades.
The third-highest reading ever for an investor was 61.9 %, according to the most recent AAII sentiment survey. Only 21.8 % of people were optimistic.
Crypto followed fit. Ether dropped below$ 1,800 on Sunday night, while Bitcoin fell below$ 80, 000. According to CoinGecko, the world crypto market cap decreased 10 % to$ 2.57 trillion.
Kobeissi cautioned that the downturn was likely nearing” capitulation,” but added that any bounce may be tactical rather than essential.
It was stated that even the worst bear markets experience pleasure demonstrations.
Businesses are now anticipating the U.S. open on Monday and the release of the next vertical catalyst’s report on prices.
Daily Debrief Newsletter
Begin each day with the most popular media stories right now, along with unique content, a audio, videos, and more.
