According to @KobeissiLetter, the US stock market erased about $450 billion in market value within 7 minutes after President Trump remarked about starting domestic cooking oil production, with the post attributing the sell-off to those comments - source: @KobeissiLetter on X, Oct 14, 2025. The source did not provide specific tickers, benchmarks, timestamps, or depth-of-market details to verify the magnitude or causality of the move, limiting immediate independent confirmation - source: @KobeissiLetter on X, Oct 14, 2025. For crypto traders, prior research documents stronger co-movement between equities and cryptocurrencies during risk-off episodes, implying potential spillover risk to BTC and ETH if the equity move is corroborated - source: IMF blog Jan 2022 "Crypto Prices Move More in Sync With Stocks"; BIS 2022 research on crypto–equity correlations.