🥹1.7 Trillion USD Wiped Out in US Stock Market Yesterday

Among the top losers, notable tech stocks include Tesla -15%, MicroStrategy -17%, and Coinbase -18%, the three largest US stocks also deeply involved in crypto. Bitcoin fell to the 77K region, ETH to 1K8.

Additionally, crypto lost nearly 1 trillion USD in market cap due to panic and long position liquidations of up to 80%.

Blackrock’s CEO says the US economy will continue to grow strongly in the next 6-9 months when the new administration takes over.

The most severe damage in the market was caused by the FED. What will happen in the next 6 hours? 🙏