The ASX 200 index is expected to start the day on a downward trend as the sell-off in technology stocks on Wall Street continues to exert pressure on global markets. In a surprising turn of events, Bitcoin has wiped out all of its gains from the past year, adding to the uncertainty in the cryptocurrency space. Meanwhile, oil prices have surged following reports indicating that discussions between the United States and Iran regarding their nuclear program have stalled, raising concerns about potential supply disruptions.
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