According to @KobeissiLetter, SoftBank Group shares fell over 10% as Asian markets opened on Nov 21, 2025 (source: The Kobeissi Letter on X, Nov 21, 2025). The move can pressure the Nikkei 225 because SoftBank (TSE: 9984) is a constituent of the index, elevating index-level downside risk in early Tokyo trading (source: Nikkei Stock Average constituents, Nikkei Inc.). SoftBank’s majority ownership of Arm Holdings (ARM) ties the group to global semiconductor and AI sentiment, amplifying tech beta during drawdowns (source: SoftBank Group investor relations and Arm IPO filings, 2023). For crypto traders, IMF research shows BTC and ETH have exhibited higher correlation with equities since 2020, implying potential cross-asset spillovers during equity selloffs and warranting close monitoring of BTCUSD and ETHUSD into the Asia session (source: International Monetary Fund, Crypto Prices Move More in Sync With Stocks, 2022).

According to Omkar Godbole (@godbole17), early Monday Asia oil price action could serve as a key indicator of upcoming market volatility. Traders should monitor oil futures closely, as sudden moves in energy markets often lead to increased volatility across risk assets, including major cryptocurrencies such as BTC and ETH. Rapid shifts in oil prices can impact inflation expectations and risk sentiment, which historically correlates with sharp price movements in the crypto market (source: Omkar Godbole via Twitter, June 22, 2025).