Overview
- The S&P/ASX200 fell 1.64% to 8,743.8 and the All Ordinaries dropped 1.85% to 8,985.6.
- All 11 sectors declined, with miners and energy more than 2.5% lower as commodity prices weakened.
- Bitcoin slid more than 10% to roughly $63,000–$65,000, its lowest since October 2024, with analysts pointing to forced liquidations.
- Silver plunged as much as 18% before partly recovering, while gold and Brent crude also retreated.
- US megacap tech losses extended, leaving the NYSE FANG+ down 6.6% over five sessions, as RBA governor Michele Bullock prepared to appear before Parliament after this week’s 25 basis point hike.