cryptodaily Guess who's staying home this summer Today $665B was wiped from the markets, $575B from US stocks and $90B from crypto. The selloff was led by enterprise software and tech, hit by a second straight day of "Al agents will replace SaaS" fears alongside a Middle East oil spike that soured risk appetite. Among the biggest losers in the stock market were IBM (-7.17%), Datadog (-6.99%), ServiceNow (-6.1%), Oracle (-5.83%), Snowflake (-5.8%) and Dell (-5.71%), with Nvidia, Amazon and Microsoft each down around 3%. Crypto fell harder in percentage terms even as its dollar loss was smaller. Bitcoin slid about 4% to roughly $65,100 and Ethereum dropped about 5% to near $1,830, with major altcoins including Solana, Dogecoin and Cardano also in the red on a broad risk-off move and continued ETF outflows. Follow @cryptodaily for daily Updates #SaaSpocalypse, #IBM, #Ethereum, #Riskoff, #MarketSelloff $BTC #AnthropicIPOincoming #GrayscaleHYPEETF #OKXBeautifulGame