U.S. Stock Market Loses Over $1 Trillion—Is Bitcoin About to Follow?
U.S. stock markets saw a staggering wipeout, losing over $1 trillion in market value as soaring inflation and sweeping new trade tariffs triggered widespread investor panic. The Dow plunged 1.2%, the S&P 500 slid 1.6%, and the Nasdaq dropped 2.2%, contributing to the multi-hundred-billion-dollar decline across equities.
Against this backdrop, Bitcoin also came under pressure—dipping shortly below $130,000 USD, with reports indicating a sharp move past the $115,000 level as markets turned risk-averse.
According to Coinglass data, more than $1 billion in liquidations occurred across the crypto derivatives market within the past 24 hours, intensifying the downturn. The liquidation wave wiped out both long and short positions as investors scrambled amid the volatility.
WatcherGuru tweeted @WatcherGuru:
“JUST IN: $1.11 trillion wiped out from US stock market today.”
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Stellar (XLM) has shifted momentum today, moving from a bullish stance into bearish territory. At press time, the altcoin is trading near $0.409, reflecting growing caution among market participants. This weakness stems from both overall market conditions and the uncertain behavior of traders attempting to time short-term moves. Stellar Traders Are Unsure XLM traders have…
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Notcoin value surged practically 36 % prior to now 24 hours as sudden bullish hypothesis lifted the Telegram-based token sharply larger. However, the rally didn’t translate into sustained momentum. Instead, it triggered the heaviest bout of promoting in six months. Notcoin Pulls Away From Bitcoin The correlation between Notcoin and Bitcoin has weakened significantly, falling…
$1.11 trillion wiped out from US stock market today.”
