🚨 While everyone was busy following the Binance hack and tracking developments moment by moment, something else was happening in the markets that may not have received the attention it deserved.
Around $1.8 trillion in market value vanished from the US stock market on Friday.
The biggest blow was to the technology sector, where major companies such as $INTC , $AMD , and $NVDA saw their stocks fall, amid growing concerns that massive investments in artificial intelligence may not deliver the returns investors expect.
👀 This is a number that cannot be ignored. We’re not talking about a minor correction in one or two stocks, but a broad reassessment of the companies that led the market’s rise.
Will #BTC remain insulated from this pressure, or could the fear reflected in stocks spill over into cryptocurrencies too? 👀
#BinanceSAFUFundTransferCompleted7499BTC
#YiHe:ProofOfReserves:10TokensAt100%Backing
#IntelHasItsWorstDaySince1974
#StockMarket
Around $1.8 trillion in market value vanished from the US stock market on Friday.
The biggest blow was to the technology sector, where major companies such as $INTC , $AMD , and $NVDA saw their stocks fall, amid growing concerns that massive investments in artificial intelligence may not deliver the returns investors expect.
👀 This is a number that cannot be ignored. We’re not talking about a minor correction in one or two stocks, but a broad reassessment of the companies that led the market’s rise.
Will #BTC remain insulated from this pressure, or could the fear reflected in stocks spill over into cryptocurrencies too? 👀
#BinanceSAFUFundTransferCompleted7499BTC
#YiHe:ProofOfReserves:10TokensAt100%Backing
#IntelHasItsWorstDaySince1974
#StockMarket
