Fear of War, Monkeypox Causes Stock and Crypto Markets to Churn While Precious Metal Spike Higher

Fear of War, Monkeypox Causes Stock and Crypto Markets to Churn While Precious Metal Spike Higher


Stock and cryptocurrency markets on Thursday saw volatility, after experiencing fluctuations during the tensions between China and Taiwan on Tuesday and Wednesday. Major indexes like the S&P 500, Dow Jones, and NYSE have shed a few percentages today, while the global cryptocurrency market capitalization lost 2.5% in 24 hours, dropping to just above the $1.1 trillion range. Precious metals, on the other hand, traded higher as U.S. president Joe Biden’s administration declared that the Monkeypox virus a public health emergency in the United States.

China and Taiwan Tensions and Monkeypox Reports Cause Stock and Crypto Prices to Fluctuate, Precious Metal Markets Rise Catching ‘Safe-Haven Demand’

Stock and crypto traders faced some headwinds on August 4, the day after the American representative from California, Nancy Pelosi,

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