Stock Market Crash: Why US Stocks Now Swing Like Meme Tokens

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Intel and Reddit lost 29 percent in a single day, almost twice as much as Bitcoin on its worst day since 2020. The Nasdaq had its worst day since June. The triggers of the stock market crash, why US stocks now move like crypto tokens and what comes next week.Add as a preferred source on GoogleFollow on Google NewsOn Friday, 30 October 2026, the biggest names on Wall Street moved like meme tokens. Intel closed 28.6 percent lower, its worst day since 1974 according to CNN. Reddit lost 29.2 percent, the worst session since its 2024 IPO, as CNBC reported. Illumina fell 18.6 percent and Roblox 18.1 percent. The Nasdaq Composite dropped 2.86 percent to 25,437 points, the S&P 500 1.82 percent, both their worst day since June. For comparison: Bitcoin, the asset that is regularly called too volatile, has not lost more than 16 percent in a single day since March 2020. Here is what triggered the stock market crash, why US stocks now swing like crypto tokens, and what it means for the c...