Nasdaq loses record $2.3 trillion in a day as AI sell-off deepens
AI summary
The Nasdaq suffered a record one-day loss of $2.3 trillion in market capitalization as an AI and tech sell-off deepened, the largest single-session wipeout in US stock market history. The crash was led by AI and technology stocks. Traders care because a broad tech rout of this scale typically spills into crypto, pressuring risk assets and correlating with drawdowns in BTC and ETH even though no specific token is named.
