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Over $1 trillion in market value vanished across stocks, precious metals, and crypto in just 30 minutes away.
The sharp sell-off was triggered after the United States announced it would revoke the license that allows Iran to export oil to global markets, reigniting geopolitical concerns and sending investors into risk-off mode.
- Gold fell 1.33%, erasing approximately $372 billion in market value.
- Silver dropped 2.67%, wiping out around $85 billion.
- The Nasdaq slid 1.87%, losing roughly $486 billion.
- The S&P 500 declined 0.46%, shedding an estimated $313 billion.
- The crypto market also came under pressure, with nearly $27 billion erased from its total market capitalization.
When geopolitical uncertainty escalates, capital often exits risk assets first. This move is a reminder of how quickly global markets can react when major policy decisions reshape the macro landscape.
#USRevokesIranOilWaiver
$NDAQ