One of the most dramatic market collapses of the year occurred on Historic Red Friday, a startling turn of events that shook investors throughout the world.
After a severe late-session reversal that brought all major indexes considerably lower, the U.S. stock market lost nearly $1 trillion in market capitalisation.
Market cap, $1 trillion wiped out, stock market crash
In a few hours, weeks’ worth of gains were erased as the market lost more than 2%, the S&P 500 fell 1.56%, and the Dow Jones Industrial Average fell 0.84%.
The market’s initial excitement swiftly crumbled, even though a number of tech companies had reported solid earnings earlier in the week. Analysts saw decreasing purchasing pressure across institutional desks.
It increasing concerns about the recession and growing anxiety about possible rate reduction by the Federal Reserve.
One of the most erratic sessions of 2025 occurred when what started out as a slight decline turned into a massive selloff.
On Wall Street, the shockwaves continued. The whole cryptocurrency market fell along with Bitcoin as it plummeted to $86,000, its lowest level since April.
In a single day, the market capitalisation of the industry fell by $120 billion, from $1.83 trillion to $1.71 trillion.
After months of flat trade, analysts caution that Bitcoin is finding it difficult to draw in new investors due to a severe decline in momentum.
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