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Why is everything selling off at once?
More than $1.5T was wiped from global markets in just 10 hours.
Bitcoin, gold, silver, Asian equities all under pressure.
The main drivers look clear: fresh U.S.
attacks on Iran are raising oil and inflation risks, possible BOJ yen intervention could force wider deleveraging, and rising bond yields are making financial conditions tighter.
This is less about one asset and more about a broad risk-off move across markets.