finance
Nikkei Falls 5 Percent in Worst Session Since March While Ether ETF Inflows Reach $97 Million
Asian semiconductor stocks triggered broad declines on July 17, 2026. Japan's Nikkei 225 dropped 5 percent while major cryptocurrencies fell between 2 and 10 percent.
Jul 17, 3:29 AM·1m read1 source
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Japan's Nikkei 225 index fell 5 percent on July 17, 2026, its steepest single-session decline since March, CoinDesk reported. The drop formed part of a wider sell-off in Asian semiconductor shares that extended into cryptocurrency markets. MSCI's Asia Pacific equities gauge declined 3 percent.
Taiwan Semiconductor headed for its largest one-day drop since April 2025, and Japan's Kioxia stock fell as much as 16 percent. Ether dropped 4 percent to $1,850. Bitcoin declined 2 percent to about $63,400.
Solana, XRP, BNB and Dogecoin each fell 2 percent, while TRON slipped to 32 cents. HYPE recorded the largest move, falling 10 percent to $60. Over the seven days ending July 17, Ether remained the only major token in positive territory, up 4 percent.
U.S. spot Ether ETFs recorded inflows of nearly $97 million in the first three days of the week, with BlackRock's funds accounting for almost all of the total, CoinDesk reported.
The inflows did not prevent Ether from falling more sharply than Bitcoin once semiconductor shares turned lower.
