Welcome to the real vision daily briefing. It's Wednesday. We are live. We have so much to talk about an action pack day price action and almost every single market soon. We'll be joined up by a pre recorded message from our CEO and co founder, Rao Pal.

Rao Pal with our senior editor, Ash Bennington. But first, I'm here hosting the show with Weston Nakamura. Weston, what did you make of this price action where almost every single asset class money flooded out instead of going in almost everything was in the red most spiculously crypto.

Well, what did you make it just walk us through how you saw the day in terms of the different asset classes.

It was certainly a while day. I'll get to crypto, you know, in a minute, but yeah, so I mean from the equity market, you know, we saw this pretty sharp sell off going into cash open in the US following, you know, a week market in Asia as well as in Europe.

This is all falling, you know, crypto sell off and all that.

And then you actually ended the day, not as bad as it was. We actually saw the socks index, the Philadelphia semiconductor index, about 1.25%.

Commodities got hit, crude got hit pretty hard across the board.

We had a little bit of a bit in gold that seems to have petered out a little bit as well.

And then I mean, for the most part, it just seemed like just a ton of, you know, scrambling around, cross asset, not really, you know, looking at each other, not really knowing what to make of it.

And then you have tech and actually ending up in the green.

Yeah, globally, equities were very weak today. As you said, Asian stocks opened in the red and that we saw that in Europe as well.

The Nasdaq really led the way down, starting as you said, a cash open 930 in the morning down about 2%, but it ended the day almost flat on the day.

So it really recovered those losses.

You know, Western, this is a really topsy turvy market, just break us down how you saw the interplay between those plummeting equity markets are not plummeting, but, but swooning, let's say, and the absolute stunning eye popping crash in crypto.

You know, it's a really baffling, just walk us through that.

Yeah, just, you know, sum it up really quick. First of all, what I forgot to mention too was that today was.

You know, may fix future's expiry at the open as well. So that certainly didn't, you know, help in terms of adding to the confusion.

But yeah, around, you know, 9, 915 am Eastern or so, you saw this massive like $300 million, notional worth of Bitcoin futures that just hit the bid for which there was no bid until about 24% lower.

And you saw this broad based indiscriminate crypto crash that pulled down risk assets, you saw a inverse bidding gold at that time.

And again, that was just a very, very short lived sort of, you know, inverse move.

So, you know, that that seemed to have kind of scared people thinking like, okay, crypto becomes institutional to the point where it's actually pulling down traditional assets or it's impacting traditional assets.

And now we're looking at, you know, the markets that are basically get clawing away back to flat and, you know, as if it were just another day, if you actually looked at the crypto market from.

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