Insane volatility in the markets right now.
All the gains made after the U.S. unemployment data just got wiped out in a matter of hours. What looked like a relief rally quickly turned into a full reset.
The S&P 500 is down 0.3%, Nasdaq down 0.35%, and the Russell 2000 is leading losses at -1.25%. That tells you risk appetite is fading fast, especially in small-cap stocks.
Crypto didn’t escape it either.
$BTC slipped below $66,000, $ETH touched $1,900, and nearly $90 billion has been erased from the total crypto market cap. Most assets are now sitting at their daily lows.
This is what happens when the market shifts from optimism to uncertainty in seconds. One minute it’s “soft landing,” next minute it’s “risk-off.”
Right now, it’s less about narratives and more about liquidity. When momentum fades, everything gets repriced quickly.
