The post Market Crash Alert: $6.5 Trillion Erased Across Crypto, Metals and Equities appeared first on Coinpedia Fintech 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 $4.1 trillion in value, while silver crashed more than 21%, erasing $1.4 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 were under particular pressure after Microsoft shares sank around 11% in a single day, dragging major indices lower and shaking investor confidence.
Crypto markets followed the broader risk-off move. Bitcoin fell about 6–7%, erasing more than $100 billion, while Ethereum dropped over 7%, as forced liquidations hit leveraged traders. Analysts noted that once prices started falling, automatic sell orders and margin calls accelerated the decline.
Experts say the crash was not driven by one clear headline or policy shock. Instead, several factors came together at once: excessive leverage, heavy profit-taking after a massive multi-year rally in metals, weakness in large tech stocks, and extreme overbought conditions that left markets vulnerable. When prices began to slip, the selling quickly snowballed into a broad deleveraging event.
In short, this was a classic unwind. After months of strong gains and crowded trades across assets, one small trigger was enough to break the momentum, sending prices sharply lower across almost everything at the same time.



BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more