$6.5 Trillion Erased Across Crypto, Metals and Equities — TradingView News

Global markets were hit by a sudden and violent sell-off, with more than $6.5 trillion erased across metals, equities, and cryptocurrencies in just 24 hours, triggering one of the most chaotic trading sessions in recent years.

Precious metals led to the collapse. Gold plunged nearly 11%, wiping out about 4USDT.1 trillion in value, while silver crashed more than 21%, erasing 11USDT.4 trillion. Other industrial and precious metals were also hit hard, with copper, palladium, and platinum suffering double-digit losses as prices fell sharply within hours.

U.S. stock markets did not escape the turmoil. The S&P 500, Nasdaq, and Russell 2000 all turned lower, collectively losing hundreds of billions of dollars in market value. Technology stocks…

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