Markets lose $1 trillion in one hour as US-Iran tensions escalate

  • Markets lost $1 trillion in one hour across stocks, crypto and metals.
  • S&P 500 fell 0.6%, while Bitcoin declined 2.2%.
  • Escalating US-Iran tensions accompanied declines across all five listed assets.

Markets shed a reported $1 trillion in one hour as escalating US-Iran tensions weighed across stocks, crypto and metals. The S&P 500 fell 0.6%, equivalent to $414 billion, while gold dropped 0.8% or $242 billion. The Nasdaq declined 1.1%, representing $149 billion, silver lost 1.5% or $55 billion, and Bitcoin fell 2.2%, equivalent to $40 billion. The post also began an unfinished statement about a prolonged conflict.

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Markets lose $1 trillion in one hour as US-Iran tensions escalate - CoinPost Terminal