US Banking Turmoil Pushes Gold to Record High as Markets Drop

US Banking Turmoil Pushes Gold to Record High as Markets Drop

Global Markets Tumble as Credit Pressures Intensify On Friday, global financial markets experienced a significant downturn as concerns regarding the stability of US banking led to steep drops in major indices. European and Asian stocks experienced a simultaneous decline following the revelation of significant loan losses and potential fraud exposure by two US regional banks,…

Pepe Price Drops Sharply as Memecoin Market Faces Turmoil

Pepe Price Drops Sharply as Memecoin Market Faces Turmoil

Memecoins Struggle Amidst Market Turmoil The recent downturn in the cryptocurrency market this October has caused significant upheaval, erasing almost $19 billion in leveraged positions in a matter of hours. Among the most severely affected are memecoins, with Pepe (PEPE) at the forefront of the downturn. The token’s price plummeted by almost 80%, wiping out…