π» Big Tech lost $1 trillion in one day. Tech stocks just had their worst day since March 2020
Crypto followed: β$131.7B in 24 hours.
β’ BTC β5.2%
β’ S&P 500 β4.2%
β’ Gold β1.7%
β’ Brent +1.8%
Nvidia alone lost $440B. Over $1B in crypto positions got liquidated, 88% of it longs.
π΅ Odds that Hormuz traffic is back to normal by Nov 30 fell from 30% in August to 3.6%.
Crypto followed: β$131.7B in 24 hours.
β’ BTC β5.2%
β’ S&P 500 β4.2%
β’ Gold β1.7%
β’ Brent +1.8%
Nvidia alone lost $440B. Over $1B in crypto positions got liquidated, 88% of it longs.
π΅ Odds that Hormuz traffic is back to normal by Nov 30 fell from 30% in August to 3.6%.
