Meanwhile, the conflict in Iran has already wiped out about $12 trillion from global markets.
Many are selling assets due to the risk of escalation and rising oil prices. As a result, the capitalization of the global stock market has decreased from approximately $157.5 trillion to $146 trillion in a month.
This is roughly equivalent to the annual GDP of Germany, Japan, and the United Kingdom combined.
BTC
67,585.97
+1.44%
XAUT
4,531.83
+0.99%
BNB
618.01
+0.77%