Fr 06/11 | Daily Crypto & Macro News
Happy Friday all!
If you missed the past 24 hours in crypto and stocks, here’s your full recap:
🚨 Major Headlines & Market Moves 🚨
* $BTC is trading around $75,705, down about 6.0% in 24 hours.
* Over $3T was wiped from the US stock market, with the S&P 500 falling 4.4%, its biggest down day since April 2025, the Dow dropping 1,646 points (-3.1%) and the Nasdaq sinking 5.2%.
* The Nasdaq officially entered correction territory, down about 11% from its October high.
* The VIX spiked 70% higher, the 3rd largest one day percentage increase since 1990.
* Magnificent 7 stocks sold off hard, with…
The skinny
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