Here’s a quick summary in bullet points:
Stock and Crypto Markets Crashed:
Both markets saw sharp declines; Nasdaq 100 dropped 24%, and crypto tokens like BTC, ETH, SOL, and DOGE fell 6–13% in 24 hours.Major Sell Signals:
Jamie Dimon sold $234M in JPM shares; Warren Buffett revealed Berkshire holds a record $334B in cash—signals of a cautious outlook.Buffett’s Strategy Stands Out:
He’s the only top-10 billionaire whose net worth increased in 2025 (+$12.7B), suggesting he’s well-positioned for this downturn.Key Causes of the Crash:
Trump’s Tariff Bomb: 10% tariffs on all imports triggered fears of a global trade war.
China Retaliates: Escalating trade tensions worsened investor sentiment.
Stock Futures Tank: S&P 500 futures dropped ~20%, threatening the bull market.
Crypto Volatility: Risk of a ‘basis trade blowup’ and regulatory uncertainty hit Bitcoin and altcoins.
Biggest Crypto Drops (24h):
ETH: -13.19%
SOL: -13.46%
DOGE: -12.66%
XRP: -11.75%
BTC: -6.81%
BNB: -6.46%
Market Mood:
Extreme fear. Buffett holding $334B in cash signals he’s waiting to strike—he likely knows something the market doesn’t.