According to The Kobeissi Letter, the S&P 500 suffered its worst trading day of 2025, with approximately $900 billion in market capitalization being wiped out. This significant decline indicates heightened market volatility and potential investor risk aversion, impacting trading strategies and portfolio adjustments.

According to The Kobeissi Letter, today marked the S&P 500's worst trading day of 2025, with approximately $900 billion of market capitalization being erased. This significant downturn in the stock market could lead to increased volatility and impact trading strategies for investors focused on equities. (Source: The Kobeissi Letter)

According to The Kobeissi Letter, international law firms are preparing significant lawsuits against Argentinian President Milei following the launch of his memecoin $LIBRA. The token's launch resulted in a dramatic loss of $4.4 billion in market capitalization within just 7 hours, raising concerns among investors and prompting legal actions. This development emphasizes the volatile nature of memecoins and the importance of regulatory scrutiny.

According to The Kobeissi Letter, a significant event has led to the destruction of the majority of liquidity in the memecoin market, with over $6 billion in market cap lost within just three hours. Traders should closely monitor these developments as they could have substantial implications for future market movements.

According to @KobeissiLetter, Argentinian President Javier Milei launched a memecoin, $LIBRA, intended for economic growth, resulting in a $4.4 billion market cap loss within 5 hours. This incident may be one of the most significant market disruptions in memecoin history.

According to @KobeissiLetter, Argentinian President Javier Milei launched a memecoin named $LIBRA aimed at economic growth. However, within 5 hours, the memecoin market experienced a significant shock, losing over $4.4 billion in market capitalization. This event raises concerns about the stability and trustworthiness of government-backed cryptocurrencies, marking a potential record in rapid market cap decline.