Big Tech lost $1 trillion in one day. Tech stocks just had their worst day since March 2020

Crypto followed: −$131.7B in 24 hours.

🟠 BTC −5.2%
🇺🇸 S&P 500 −4.2%
🟠 Gold −1.7%
🛢 Brent +1.8%

Nvidia alone lost $440B. Over $1B in crypto positions got liquidated, 88% of it longs.

🔵 Odds that Hormuz traffic is back to normal by Nov 30 fell from 30% in August to 3.6%.