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Panic Drop

@panic-drop

Happy Thursday all, what a strong move in crypto! If you missed the past 24 hours in crypto and stocks, here's your full recap: 🚨 Major Headlines & Market Moves 🚨 β†’ Robinhood CEO Vlad Tenev says tokenization is going to "eat the entire financial system." β†’Bitcoin hits $119,400 , now trades around $118,500. β†’ $330,000,000 worth of Bitcoin & Ethereum shorts liquidated in the past 24 hours. β†’ Bitcoin overtakes Amazon's market cap to become the seventh-largest asset. β†’ 74% chance Bitcoin will hit $125K before January 2026, per traders on Kalshi. β†’ Foreign holdings of US equities have crossed above $20 trillion, a record high. β†’ S&P 500 closed at another all-time high, its 29th of the year. β†’ Elon Musk becomes first person in history to surpass $500 billion net worth.
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