On October 17, 2025, global stock markets experienced notable downturns amid escalating economic uncertainty, prompting investors to seek refuge in safer assets. According to the results published in the material, many turned to cryptocurrencies as a viable alternative during these turbulent times.
Decline in European Indices
The German DAX index saw a decline of 213 points, while the UK's FTSE 100 fell by 16 points. In Asia, Japan's Nikkei 225 decreased by 144 points, indicating a widespread trend of market apprehension.
Shift Towards Safe-Haven Assets
This downturn is reflective of a growing demand for safe-haven assets, which has also influenced US stock futures and the cryptocurrency markets. As investors grapple with economic instability, the shift towards more secure investments highlights the ongoing volatility in financial markets.
As global stock markets face downturns, Europe has introduced EUROD, a new euro-backed stablecoin aimed at countering dollar dominance. This initiative could reshape the digital currency landscape; read more.
