Black Friday on Halloween: Global markets for AI, crypto and silver and gold all collapsed simultaneously around the world It all started in China, where stocks of high-tech companies, especially in the field of artificial intelligence, collapsed after several months of rapid growth: major Chinese technology companies lost about 1.4 trillion yuan (about 200 billion dollars) in value. For some companies, such as MiniMAX and Zhipu, the takeoff reached 80% of the previous value of shares. Following China, similar parts of the stock markets of other countries fell: the US, Japan, South Korea, Turkey, China and Taiwan. Total losses to date are estimated at approximately $1.7 trillion. In addition to the gaps and the Binance hack: asset owners are selling massive cryptocurrencies, which have already led to a market decline of about $140 billion, and the volume of forced liquid jobs has reached 1.6 billion. Bitcoin plunged about 5%, Ethereum landed nearly 6%, and several smaller coins fell 10% at once. Shares of companies related to the crypto industry also fell symmetrically: the securities of Coinbase Global in the United States fell 4.8%, and shares of MicroStrategy, known for its large investments in Bitcoin, fell almost 6%. Considering the fact that these same people are invested in crypto and artificial intelligence, the scale of losses for this group of investors is especially painful. However, conservative investors also flew: without any warning, quotations of gold (by 4.4%) and silver (by 9.1%) fell, falling to indicators of the fall of 2025. A bogus allowance is that the gold and silver were invested by those who feared the collapse of the crypto and artificial intelligence bubble, but turned out to be ill-calculated. It is too early to draw final conclusions, but so far it seems that the long-awaited black swan has arrived in the global financial market.

Black Friday on Halloween: Global markets for AI, crypto and silver and gold all collapsed simultaneously around the world It all started in China, where stocks of high-tech companies, especially in the field of artificial intelligence, collapsed after several months of rapid growth: major Chinese technology companies lost about 1.4 trillion yuan (about 200 billion dollars) in value. For some companies, such as MiniMAX and Zhipu, the takeoff reached 80% of the previous value of shares. Following China, similar parts of the stock markets of other countries fell: the US, Japan, South Korea, Turkey, China and Taiwan. Total losses to date are estimated at approximately $1.7 trillion. In addition to the gaps and the Binance hack: asset owners are selling massive cryptocurrencies, which have already led to a market decline of about $140 billion, and the volume of forced liquid jobs has reached 1.6 billion. Bitcoin plunged about 5%, Ethereum landed nearly 6%, and several smaller coins fell 10% at once. Shares of companies related to the crypto industry also fell symmetrically: the securities of Coinbase Global in the United States fell 4.8%, and shares of MicroStrategy, known for its large investments in Bitcoin, fell almost 6%. Considering the fact that these same people are invested in crypto and artificial intelligence, the scale of losses for this group of investors is especially painful. However, conservative investors also flew: without any warning, quotations of gold (by 4.4%) and silver (by 9.1%) fell, falling to indicators of the fall of 2025. A bogus allowance is that the gold and silver were invested by those who feared the collapse of the crypto and artificial intelligence bubble, but turned out to be ill-calculated. It is too early to draw final conclusions, but so far it seems that the long-awaited black swan has arrived in the global financial market.