We Are Still Early: One Brutal Wall Street Session Erased More Than the Entire Crypto Market
AI summary
A single brutal Wall Street trading session erased roughly $3 trillion in market value from the S&P 500 alone, a loss larger than the entire crypto market's capitalization. The comparison underscores how small crypto remains relative to traditional equities, but also how exposed digital assets are to broader risk-off moves. Traders should watch for spillover volatility in crypto if equity selloffs of this scale continue.
