US stocks lose $1.25T in a day — more than entire crypto market cap

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US stocks lose $1.25T in a day — more than entire crypto market cap
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$1.25 trillion in a day?! If that is not concerning, we don’t know what is. The U.S. stock market lost more value in a day than the entire market cap of Bitcoin and altcoins COMBINED!!

) and altcoins lost big on Aug. 26 after the United States Federal Reserve delivered hawkish remarks on economic policy. Across the board, risk assets took a major hit — U.S. equities shed around $1.25 trillion in a single session.

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