A broad risk-off move erased almost $2 trillion from the U.S. stock market in one day, while the crypto market lost $150 billion over 24 hours.
A sharp selloff hit both traditional and digital assets, with nearly $2 trillion wiped from the U.S. stock market in a single day and $150 billion erased from total crypto market capitalization over 24 hours. The figures point to a broad risk-off move, where investors pull back from higher-volatility assets across markets at the same time.