Forbes Report: World’s Top 10 Billionaires Lost $38B on Black Monday
Cointelegraph
Published Mar 10, 2020 02:35PM ET
Updated Mar 10, 2020 04:23PM ET
Forbes Report: World’s Top 10 Billionaires Lost $38B on Black Monday
Amid intensifying fears over the coronavirus, the United States stock market saw another historic day causing whopping losses for the world’s richest people.
On March 9, the U.S. stocks experienced another dismal day, with major stock indices like the S&P 500 and Dow Jones plunging more than 7%. This coincided with a major bloodbath in crypto markets, with Bitcoin (BTC) dropping nearly 10% over a day. According to some reports, Monday, March 9 became the worst day for U.S. stocks since 2008.
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Written By: Cointelegraph
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