Preeti Garg (preetigarg)

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The escalation has led to significant volatility in global financial markets. Japan's Nikkei 225 index fell by nearly 4%, and European markets also experienced declines. Investors are expressing concerns over a potential recession, leading to increased demand for safe-haven assets like gold. ​

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Ethereum (ETH) saw an 11% rise, trading above $1,600. This surge is partly attributed to the U.S. Securities and Exchange Commission's approval of options trading for spot Ethereum exchange-traded funds (ETFs), which is anticipated to enhance market liquidity and attract institutional investment. ​

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