Markets are crashing, and Donald Trump has blamed it all on Kamala Harris and the Biden administration. Traditional financial markets have lost over $2 trillion in the first hour of trade today. Bitcoin and crypto stocks are facing volatility, which was last seen in 2021.
Everything is going wrong in Monday markets. On the other hand, several online brokerage firms, including Charles Schwab, Fidelity, and Vanguard, appeared to be down for thousands of users.
Bitcoin is down more than 16% today, and Ether had its steepest fall since 2021. In the last 24 hours, 305,759 traders have been liquidated, totaling $1.22 billion. Investors also dumped shares of Bitcoin and Ether exchange-traded funds in droves, sending the world’s two largest cryptocurrencies to their lowest price.
BTC currently trades at $54,440 while Ethereum trades at $2,452 against the dollar. Donald Trump sees no other party to blame but Kamala Harris.
Trump has posted on Truth Social that “Stock markets crashing. I told you so!!! Kamala Doesn’t have a clue. Biden is sound asleep. All caused by inept U.S. leadership.” He has also offered voters a solution to the market downturns.
Voters have a choice – Trump prosperity, or the Kamala Crash and the Great Depression of 2024, not to mention the probability of a World War III if these very stupid people remain in office. Remember, Trump was right about everything.
Donald Trump
Donald Trump adds “Of course there is a massive market downturn. Kamala is even worse than Crooked Joe. Markets will NEVER accept the Radical Left Lunatic that DESTROYED San Francisco and California as a whole. Next move, THE GREAT DEPRESSION OF 2024! You can’t play games with MARKETS. KAMALA CRASH!!!”
As fears grow of a bigger and more destructive war in the Middle East, ‘World War 3’ has emerged as a new talking point on social media. While nations are on edge, an increasing number of advisories have been issued every hour.
Global markets and traders today are living through “And ye shall hear of wars and rumors of wars.”