EL7.AI
StocksMediumUpdated•Originally published 7 November 2026•Updated 8 November 2026•
1 min read

Asian Stocks Lose $1T as Nasdaq-100 Slumps 6% and VIX Volatility Surges

Key Facts

1Asian stocks lost more than $1 trillion in market value amid a broad sell-off.
2Japan's Nikkei entered a technical bear market while South Korea's KOSPI triggered circuit breakers after a 9% intraday drop.
3Bitcoin fell by 6% coinciding with the turmoil in traditional markets.

Asian stocks erased more than $1 trillion in market value as a global sell-off intensified across major benchmarks. Tokenpost reported that Japan's Nikkei entered a technical bear market and South Korea's KOSPI triggered circuit breakers after a 9% slide, while the Nasdaq-100 fell 6.36% to 26,630 on November 6, 2026.

The VIX volatility index climbed from 16.6 to 28.2 on November 6, 2026, amid heightened regulatory fears in the technology sector and regional volatility. Alongside equity losses, Bitcoin fell 6% to trade at $75,600 on November 7, 2026, according to Tokenpost.

The Bank of Japan is scheduled to release its Summary of Opinions on November 9, 2026. This release, alongside Japanese household spending data due the same day, may provide further context for markets following the technical breakdown in regional indices.

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