- The Nasdaq Composite Index copied the move and extended losses, shedding 4%. Overall, the U.S. stock market lost more value than the entire market cap of Bitcoin and altcoins combined.
- The total crypto market cap itself fell from $1.029 trillion to $936.87 billion at one point overnight, representing a drop of 8.95%, according to data from Cointelegraph Markets Pro and TradingView.
[Via]