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The Nasdaq is headed for its worst weekly loss in over a year, and the S&P 500 is on track for a fifth consecutive drop. SpaceX stock has tumbled after the largest IPO ever, and its bonds are sinking. South Korea's Kospi index, dominated by SK Hynix and Samsung, crashed 10% after setting a record last week.
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Summary by ByteBrief
Traders Predict More Bitcoin and Ethereum Pain