Margin Calls Trigger Huge Global Equities and Bitcoin Selloff, Gold Fine

Update: The Nikkei has the biggest 2-day drop in history. Bitcoin is down 7% today and 23 percent in the last week. 18-year high margin positions hitting everything but gold. Bloomberg reports: The swift downturn in the Japanese stock market likely triggered a massive wave of forced selling among retail investors, deepening the rout.