Nikkei Plunges 5% as AI Stock Selloff Spreads Across Asia 
UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List 
Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs 
US Stock Futures Fall as Netflix Outlook, Chip Selloff and Iran Tensions Weigh on Markets 
Gold Prices Head for Biggest Weekly Loss Since June as Fed Rate Outlook Weighs 
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening 
Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar 
Oil Prices Climb as Trump Escalates Iran Pressure, Strait of Hormuz Risks Grow 
Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar 
Bitcoin and cryptocurrency prices already teetering on the brink of collapse due to the escalating Ukraine situation plummeted more following news of a serious attack on non-fungible token (NFT) platform OpenSea.
The bitcoin price crashed by over 5 percent under $40,000 in the last 24 hours after the Open Sea attack, while ethereum, BNB, solana, and cardano plunged to between 6 percent and 8 percent.
Sparked by a series of viral tweets from panicked NFT traders due to the OpenSea hack, the latest crypto price crash has wiped almost $300 billion from the combined crypto market over the last few days.
