US equity futures dropped as semiconductor stocks lost over $2 trillion since June. Bitcoin fell below $63,000 and Ether slid 1.74% in the risk-off wave.

The Nasdaq Composite fell 2.21% as semiconductor stocks cratered, dragging Bitcoin below $63K and ether down over 4% in a broad risk-off selloff.

US semiconductor stocks lost over $1 trillion in market value as Nvidia, Micron, and Broadcom led a sharp selloff. Bitcoin held steady amid the turmoil.