$1 Trillion Erased from US Stock Market Cap, $120 Billion from Crypto

The assessment of the statement is "likely_true" based on the strong, direct evidence for one part of the claim and weaker, but corroborating, evidence for the other.The second part of the claim, regarding the $120 billion decrease in cryptocurrency market capitalization, is strongly supported by two high-authority, high-relevance primary sources. Both the Coinbase and TradingView sources provide direct access to the total cryptocurrency market capitalization data, and their summaries explicitly state they can be used to verify such a change. The presence of two independent, credible data sources makes this portion of the claim highly verifiable and credible.The first part of the claim, about the $1 trillion decrease in the US stock market, is supported by a credible news source which confirms a market drop qualitatively. While this source provides important context and aligns with the direction of the claim, it lacks the specific quantitative data to confirm the exact "$1 trillion" figure. However, no evidence contradicts this figure. The other provided sources are correctly identified as irrelevant to this part of the claim, as they focus on a single company or a different asset class.In conclusion, since one half of the compound statement is strongly substantiated by primary data and the other half is contextually supported without any conflicting evidence, the overall statement is highly probable. The confidence level is high due to the quality of the sources supporting the cryptocurrency claim, which lends significant weight to the entire statement's truthfulness.