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The total market value of U.S. stocks plunged by $3 trillion at one point during intraday trading, and has now narrowed to approximately $2.5 trillion.

BlockBeats news, November 6th, according to BIT stock platform data, the total market value of US stocks evaporated approximately $2.3 trillion about an hour after the market opened today. During trading, the S&P 500 once dipped to an intraday low of about 7394 points, plummeting about 3.83%, with the corresponding total market value simultaneously evaporating about $3 trillion. It has currently rebounded somewhat, with the market value evaporation narrowing to about $2.5 trillion.

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On February 28, the US stock market experienced significant volatility due to Trump's remarks and economic data. The S&P 500, Nasdaq, and Dow Jones indices all fell, leading to a substantial decrease in Nvidia's market capitalization. The cryptocurrency market also took a hit, with Bitcoin and Ethereum prices declining. Market panic intensified, but the crypto industry remained optimistic about regulatory changes.
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