Nvidia’s stock plunged 13% as the Jan. 26 trading session began, erasing approximately $465 billion in market value.
This marks the largest single-day market cap decline in history, according to data from Bloomberg.
To illustrate the scale of this loss, Nvidia’s market cap reduction exceeds the $375 billion valuation of Ethereum, the world’s second-largest crypto.
This single-day loss also outstrips the combined market caps of leading digital assets, including XRP ($173 billion), Tether’s USDT ($139.3 billion), and Solana ($114.3 billion). Together, these assetszx have a cumulative market cap of $426.6 billion — almost $40 billion lower than Nvidia’s loss.
Go to Source to See Full ArticleAuthor: Oluwapelumi Adejumo
