The institutions are on Avalanche:
Re
FIS
TIS
Citi
Visa
KKR
ANZ
Rain
Grab
Intain
Grove
Dinari
ParaFi
Nonco
VanEck
BDACS
StraitsX
Balcony
Homium
Republic
Securitize
BlackRock
OpenTrade
Woori Bank
WisdomTree
Cumberland
Inversion Capital
State of Wyoming
SkyBridge Capital
Franklin Templeton
J.P. Morgan's Kinexys
Wellington Management
Apollo Global Management

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Original Author: He Hao, Wall Street Insights

On Thursday, US stocks plunged, with the Nasdaq falling over 2%. Some traders sold precious metals to offset losses in the stock market, causing gold, silver, copper, platinum, and palladium to decline sharply. The US dollar index rose slightly.

Amid renewed concerns about whether massive investments in artificial intelligence can truly be implemented on a large scale, US tech stocks declined. Metal prices suddenly fell due to suspected algorithmic trading selling, forcing some investors to exit commodity positions, including metals, to obtain liquidity, while some funds turned to US Treasury bonds for safety.

Spot gold fell as much as 4.1%, and silver plummeted 11...

Gold fell more than 4% at one point, and silver plummeted 11%, as a sharp drop in US stocks triggered a sell-off in algorithmically traded precious metals.

Written by: Mahe, Foresight News
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