cryptd.in

Alternatīva LinkedIn kriptogrāfijai draudzīgiem talantiem

We Are Still Early: One Brutal Wall Street Session Erased More Than the Entire Crypto Market

-

līdz

cryptd.in
vietnē

Just a day after the post-election relief rally, Wall Street suffered one of its most violent sessions in years, with S&P 500 companies wiping out roughly $3 trillion in market value as the Nasdaq posted its steepest daily drop since the pandemic era.

The scale of the destruction also produced a rather intriguing comparison: more value disappeared from US stocks in one session than the entire cryptocurrency market is currently worth.

Wall Street Calamity

According to the Kobeissi Letter, the S&P 500 alone lost about $3 trillion in market capitalization during Thursday’s session, roughly $750 billion per hour from the opening bell. Dow Jones Market Data independently put the loss at around $2.9 trillion, the largest single-day wipeout on record for the index’s constituents. Nasdaq companies lost another $2.5 trillion, while the Magnificent Seven shed just over $1 trillion.

The scale of the selling was particularly relentless, as analysts from the KL pointed out that the S&P 500 and the Nasdaq staged at least five intraday rebound attempts, including a single rally of 1.7%, but every one was sold. The leading index failed to print a single positive one-hour candle during the entire session.

The Nasdaq 100 ultimately dumped by around 6.4%, while after-hours futures pushed the 12-hour decline to 7.1%. Meanwhile, the S&P 500 was subsequently about $5 trillion below its October peak.

Kobeissi argued that the collapse appeared more technical than fundamental. Concerns about AI profitability, capital expenditure, and potentially tighter regulation had already spooked investors, while record leverage amplified the move once sentiment turned. US leveraged ETFs attracted roughly $15 billion in October, which was the largest rolling-month inflow in at least two years.

Still Early

Here’s the interesting perspective for the crypto market, which also tumbled hard for its size. CoinGecko and CoinMarketCap put the entire crypto market cap at somewhere between $2.55 trillion and $2.65 trillion. As expected, Bitcoin holds the lion’s share, around 60% of either amount.

In other words, the $2.9-$3 trillion erased from the S&P 500 companies in a single session exceeded the market value of every BTC, ETH, XRP, BNB, stablecoin, altcoin, meme coin, Trump coin, and all other coins combined.

Obviously, this doesn’t mean every crypto asset is undervalued, but it shows the digital asset market is still a fraction of its bigger brothers, despite major adoption news over the past few years.

Amats We Are Still Early: One Brutal Wall Street Session Erased More Than the Entire Crypto Market appeared first on CryptoPotato.

Komentāri

Atbildēt

Jūsu e-pasta adrese netiks publicēta. Obligātie lauki ir atzīmēti kā *

Jaunākās plūsmas

Populāras kategorijas

lv Latviešu valoda
lv Latviešu valoda en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Meklēšana vietnē

Populāri stāsti

Tags

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (458) #BitcoinETF (3) #BitcoinFundamentals (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #BTitwise (1) #BracebridgeCapital (1) #BRC20Tokumenti (1) #BTCiepirkšana (1) #BullishPredictiction (1) #BullishSentiment (1) #Cķīniešu kalnrūpniecība (1) #CPIPārskatīšana (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #C kriptoregulācija (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) 1TP5DutchCourt (2) #ECkomercija (1) #ElSalvadorBitcoin (1) #Ethereum (74) #EtereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #Financiālā ietekme (1) #Finanšu konfidencialitāte (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) 1TP5Investīcijas (1) #Investīciju zaudējumi (1) # japāņu firma (1) #LegalAction (1) #Juridiskā ietekme (1) #Legislatīvie akti (1) #LightningNetwork (1) #M tirgus analīze (3) #M Tirgus uzraudzība (1) #MarketPredict (1) #M tirgus prognozes (1) #MarketProjection (1) #MarketSupport (1) #MarketVolatility (1) #M laulība (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitability (1) #M naudas atmazgāšana (2) #MtGox (4) #NorthKoreaCrypto (1) #NovogratzPrognoze (1) #PriceMilestone (1) #Pcenu prognoze (2) 1TP5 cenu jautājums (1) 1TP5Cenu kāpums (1) #PrisonSentence (1) #QuantAnalysis (1) #eikšanās regulatīvajam spiedienam (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialBuzz (1) #ehniskā analīze (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotential (1) #USKongress (1) #WyomingLand (1) #XR Cena (1) #XRPupswing (1)

Noderīgas saites

Saites, kuras man šķita noderīgas un ar kurām es gribēju dalīties.