Bankrupt Investors Cope Over Stock Market Plunge & Crypto Crash With Dank Memes
The stock market closed sharply into bear market territory on Monday, with the major stock indexes plunging by 3-4% amid inflation and recession fears.
The Dow Jones Industrial Average closed 876 points lower, while the S&P 500 pulled back 20% from its all-time high, marking the steepest 3-day trading decline of 2022.
Meanwhile, major cryptocurrency exchanges like Celsius and Binance froze withdrawal transactions due to “extreme market conditions,” prompting a massive sell-off in the crypto space that resulted in a $500 billion wipeout from the market.
The financial bloodbath has retailer investors reeling from devastating losses across…