2.9 trillion US dollars evaporated, the market value of the entire cryptocurrency world.
Global markets are falling, including U.S. stocks, oil, gold, silver, and the U.S. dollar index.
The Nasdaq's tech stocks plunged the most, with $2.9 trillion evaporated in one day, which is the same as the entire cryptocurrency market, whose total market value is less than $2.9 trillion. The worst hit were Intel and Amazon, whose declines once approached 30%, marking the largest decline since at least 1982.
The recent market conditions are completely dominated by fundamentals. Whether it is the US election or the Federal Reserve's interest rate cut, both have a huge impact on the market, but both are full of too much uncertainty.
Every big crash is the best opportunity to build a position
