New Delhi: Investors of shares and cryptocurrencies are witnessing a major downfall. The BSE Sensex plunged over 1700 points and slipped below 53,000 levels while the Nifty slumped over 400 points to close below the 16,000 mark.
On the other side, two major cryptocurrencies Bitcoin and Ethereum tanked by 12% and 15% in the last 24 hours. The slope increased on the second straight day.
Seeing the decline, experts said it was not the time to panic as it could be an opportunity to pocket quality stock in your kitty.
On the cryptocurrency market trend, experts said it was an indicator that the risk appetite of investors is going down.
The plunge in both the market invited a lot of reactions on social media platforms. Many people took to Twitter to share memes and messages to show their reactions to the current market trend.
On Twitter, many people shared theirs under the hashtag, #stockmarketcrash #Cryptocrash.
A Twitter namely Kamo Duiker wrote on a crypto crash, ”Waiting for the next bull run like. Come on dude.. do something.”
#Cryptocrash
Waiting for the next bull run like. Come on dude.. do something ? pic.twitter.com/PCCSLUfFYl— Kamo_Duiker (@Kamo_Duiker) June 12, 2022
Sharing a meme a user wrote, ”You don’t need to pay taxes on profits if you don’t make any.”
#OptionsTrading #StockMarketindia #stockmarketcrash
Actually?? pic.twitter.com/63qI3oNFwo— Muskan (@_Muskan_rai) June 9, 2022
Check more reactions below here:
Nothing but stock market these days…#StockMarketindia #stockmarketcrash #trading #sensex #nifty50 pic.twitter.com/fEep6pF7mV
— Jayesh (@Jayesh_125) June 10, 2022
Rough times
Me buying one last dip#Cryptocrash #StockMarketCrash pic.twitter.com/UEkGHPoX71— Satyam Reddy (@SatyamR98748624) June 13, 2022
Who else? #Cryptocrash #Stockmarketcrash pic.twitter.com/R13HJ3fO2y
— QRTiger – Best QR Code Generator | QR Codes (@QRtigers) June 13, 2022
Story of my life #inflation #stockmarketcrash #Cryptocrash #cryptocurrency #HODL #buythedips pic.twitter.com/4qfRCahGyU
— Syed Hasنain Nawaz (@HoneyMib) June 13, 2022
What happens to investors riding bull market when fundamentals catch up#stockmarketcrash
? pic.twitter.com/SUbyMRVY32— Finance Memes (@Qid_Memez) June 13, 2022
Me buying one last dip?#BitcoinCrash #Cryptocrash pic.twitter.com/FahmJDHLVp
— $????? ? (@SignalSZN) June 13, 2022
It’s a new week another Monday
God will make it easy?❤Daniel Regha My WhatsApp Corona Lagos National Grid #Cryptocrash #doggy pic.twitter.com/77LnwKVNwI
— Boy Gram (@ediphilip_) June 13, 2022