According to @ReutersBiz, BMW shares fell more than 9% after the automaker cut its 2025 earnings forecast, citing delays in US and German customs refunds and continued weakness in China as trade tensions cloud its prospects. Source: https://reut.rs/4q0g0SJ For crypto traders, equity risk-off shocks can matter because the IMF documented that Bitcoin’s correlation with U.S. equities rose markedly in 2020–2021, increasing cross-asset transmission of risk and potentially influencing BTC and ETH volatility during such periods. Source: https://www.imf.org/en/Blogs/Articles/2022/01/11/crypto-prices-move-more-in-sync-with-stocks