While You Were Sleeping...The Nikkei Tanked!! (NIKK)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

The Nikkei 225 Stock Average declined 3.6 percent to 8,824 at the close in Tokyo. This capped a dismal August for the Nikkei, which saw it decline 7.5 percent!The Yen strengthened on concerns the U.S. recovery will stall.Investors had recently begun to buy Japanese shares on expectations the Yen would stop rising, but the Yen continues to strengthen.This was the Nikkei's biggest slump since June 7 and came amid concerns stimulus measures announced yesterday by the Bank of Japan and Prime Minister Naoto Kan will fail to halt appreciation in the Yen and bolster growth.A report showed factory output rose 0.3 percent in July from June. Analysts were looking for a 0.2 percent decline.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!