$1T erased from US stocks at the open as Bitcoin holds its ground

US stocks got punched in the mouth at the open. More than $1 trillion in market value vanished as equities sold off hard, per WatcherGuru. The drop landed fast, setting a rough tone for the session.

Crypto didn't flinch the same way. Bitcoin was trading around $80,000, climbing back from recent lows and keeping its footing while stocks bled. Ethereum also held onto gains over the past 24 hours, part of a broader resilient stretch for digital assets.

The split is the story. Equities are wobbling through a volatile stretch, and this open-bell wipeout shows how jumpy sentiment has gotten. Meanwhile, the crypto side is showing strength, at least for now.

Everyone's watching for spillover. Traders are tracking whether the equity slide drags Bitcoin down with it, or whether crypto keeps marching to its own beat. Fed commentary and fresh economic data are the next catalysts that could swing sentiment either way.

Also on the radar: flows in and out of Bitcoin ETFs and any large-scale transactions that hint at how big investors are repositioning. Those signals could tell us whether the current calm in crypto is conviction or just a pause.