What just happened?
The S&P 500 just erased nearly -$2 TRILLION of market cap just hours after 3rd strongest US jobs report in 18 months.
Meanwhile, Bitcoin is officially down over -50% from its record high in October 2025.
What's happening? Let us explain.
(a thread)
They broke his bones, gouged his eyes out, cut out his tongue and castrated him. He died of a heart attack after being set on fire and dragged himself 50 meters across the floor.
Exactly 15 years ago today when Bitcoin was trading at $15, Hal Finney said:
"Every day that goes by and Bitcoin hasn't collapsed…increases the chance of Bitcoin's eventual success and justifies a higher price."
JUST IN: Zcash crashes 48% after Claude AI finds critical vulnerability allowing unlimited minting of $ZEC.
It went unnoticed for 4 years until it was patched on June 1st.
🚨BLOODBATH in Asian Markets
Over $750 BILLION wiped out from Asian stock markets.
SOUTH KOREA's KOSPI down 6.9% wiping out ₩503,700,000,000,000 ($345 BILLION)
TAIWAN's stock market down 4% erasing NT$6,240,000,000,000 ($198 BILLION)
JAPAN's NIKKEI down 2.4% erasing ¥34,300,000,000,000 ($206 BILLION)
The person who killed him is black btw.
That’s why they didn’t mention it.
That’s also why you haven’t heard anything from the majority of the media.
Clockwork.
Concerned that the administration is not sensitive to the huge number of people who are struggling because of gasoline and higher rates. I would use Kevin's comments to say we need a rate hike-- supply side or not
If you want to own SpaceX, wait until after the froth is out of the stock price.
IPOs are notorious for burning investors, who can't get enough and want to get re-burnt again!