According to @BullTheoryio, roughly $1.45 trillion in combined stock and crypto market cap was erased in 24 hours as risk assets sold off on three catalysts (source: @BullTheoryio on X). According to @BullTheoryio, BTC ran to 107k-108k on expectations the US government shutdown would end and then reversed on a buy-the-rumor-sell-the-news move, sparking broad profit-taking across majors (source: @BullTheoryio on X). According to @BullTheoryio, the White House signaled October unemployment and economic data cannot be released, creating a perceived data blackout that markets interpret as rising recession risk and prompting risk-off positioning (source: @BullTheoryio on X). According to @BullTheoryio, corporate bonds tied to AI companies are being dumped, flagging unsustainable AI spending and transmitting equity stress into crypto (source: @BullTheoryio on X). According to @BullTheoryio, the sequence is stocks down and crypto down more, wiping out hundreds of billions quickly, with a higher likelihood of swift policy response if both markets slide together (source: @BullTheoryio on X).