$1.1T Wiped From US Stocks as Selloff Drags BTC and ETH Lower

More than $1.1 trillion in US equity market capitalization evaporated in the first minutes of trading on Friday, as a broad-based selloff hit every major index at the open. The drawdown is the largest opening-session wipeout since the March 2020 Covid crash and is dragging crypto, Treasuries, and…