We Are Still Early: One Brutal Wall Street Session Erased More Than the Entire Crypto Market
- Wall Street experienced a significant downturn, with the S&P 500 losing approximately $3 trillion in market value in a single session, marking the largest single-day wipeout on record.
- The Nasdaq also faced a steep decline, dropping around 6.4%, while the overall market sell-off was characterized by relentless selling despite multiple intraday rally attempts.
- The total market capitalization of the entire cryptocurrency market, valued at around $2.55 to $2.65 trillion, was less than the amount erased from the S&P 500, highlighting the relatively small size of the crypto market compared to traditional equities.
Nguồn: CryptoPotato
🌍 Cập nhật bởi GemCrypto
$BTC
#Bitcoin #Crypto
- Wall Street experienced a significant downturn, with the S&P 500 losing approximately $3 trillion in market value in a single session, marking the largest single-day wipeout on record.
- The Nasdaq also faced a steep decline, dropping around 6.4%, while the overall market sell-off was characterized by relentless selling despite multiple intraday rally attempts.
- The total market capitalization of the entire cryptocurrency market, valued at around $2.55 to $2.65 trillion, was less than the amount erased from the S&P 500, highlighting the relatively small size of the crypto market compared to traditional equities.
Nguồn: CryptoPotato
🌍 Cập nhật bởi GemCrypto
$BTC
#Bitcoin #Crypto
