Over $3.6 trillion wiped out in 90 minutes today..
In this market‑commentary video, the speaker outlines a rapid, global sell‑off that erased roughly $3.6 trillion of market value within 90 minutes. He attributes the turmoil to a confluence of factors: soaring AI hype (highlighted by Anthropic’s $380 billion valuation), steep declines in major tech stocks (some down 50‑70% from all‑time highs), weakening US macro data such as disappointing job reports and a sharp drop in home sales, and historically high levels of geopolitical and economic uncertainty that surpass 9/11, the Iraq war, and COVID‑19 periods. The impact on Bitcoin and the broader crypto market is framed as a continuation of a long‑standing risk‑off environment; the speaker notes that Bitcoin has historically experienced 55‑90% drawdowns multiple times. He advises investors to stay in cash or stablecoins, avoid new risk, and wait for clearly defined accumulation entry points before re‑entering the market.
