In just one short day, the U.S. stock market saw a market value evaporate by $1 trillion (approximately 7 trillion RMB), leaving a sea of red, and investors are in turmoil!
At the same time, the cryptocurrency market also did not escape unscathed, with $70 billion (approximately 50 billion RMB) in market value ruthlessly wiped out, mainstream coins like BTC and ETH saw collective declines, and a wave of leveraged liquidations surged.
Is this yet another flash crash reminiscent of Black Friday? Or is it the beginning of a larger adjustment? $BNB #币安 #币安广场