Crypto markets are in a clear downtrend – Bitcoin slipped below $90,000 as the Bank of Japan turned hawkish, Dogecoin broke key support, and spot volumes are sliding, prompting Barclays to flag a year‑long risk even as the asset still tops investment rankings; the $206 million Hashkey IPO does little to lift sentiment. In equities, Indian and European stocks are under pressure, with Urban Company hitting a record low, ONGC and Mazagon Dock dragging lower, while Juventus rallied after rejecting Tether’s bid and Frankfurt opened with only moderate gains. Overall the market is bearish across both digital and traditional arenas.