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Stock Market and Bitcoin Crash, US Grant: Monday's Highlights

Stock markets fell sharply

Amid concerns about a recession in the US and the world and a decline in the tech sector, the entire stock market crashed. After a sharp drop in Asian markets, U.S. stock market futures fell sharply before the opening of trading on Monday.

Bitcoin rate falls below $50,000, showing a record drop since 2021

The Bitcoin (BTC) rate fell below $50,000 on the morning of August 5, with the leading cryptocurrency falling by 18% in the last 24 hours and by almost 20% in two days. This is the lowest rate since January 2024 and the sharpest drop in the cryptocurrency price since 2021.

Buffett sold half of his shares in Apple

Warren Buffett's Berkshire Hathaway sold about half of its shares in Apple.

Ukraine received a $3.9 billion grant from the US

Ukraine received $3.9 billion in non-refundable grant from the United States through the World Bank. These funds will help finance priority budget expenditures such as salaries for teachers, doctors and rescue workers, and social benefits.

minfin.com.ua

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