- Metals dropped after highs – Gold & silver hit record prices, then fell.Traders sold to lock in profits after big gains.
- Stocks fell – S&P 500, Nasdaq, and tech dropped with metals.Rising fear and profit-taking affected all big stocks.
- Crypto followed – $BTC & altcoins dropped with stocks. Investors pulled money from all risky markets at the same time.
- Leverage made it worse – Forced selling pushed prices down faster.
Positions using borrowed money added extra pressure.
- No single reason – This wasn’t caused by one news event. It was profit-taking, overbought markets, and risk-off moves combined.
Big price changes like this are normal.
When things calm, growth assets, including $BTC, often bounce back.
BTCUSDT
Perp.
83,450.3
-4.77%
XAUUSDT
Perp.
5,092.17
-7.62%
TSLAUSDT
Perp.
424.55
-0.52%