A drop in volume is in no way the same thing as a drop in prices. A valuation is a prediction of a (possibly very short term) future price, as such it does inf

A drop in volume is in no way the same thing as a drop in prices. A valuation is a prediction of a (possibly very short term) future price, as such it does influence the price, but it isn't the same thing as the price. A drop in valuations might have happened but I don't think there's good data on that and doesn't seem to align with the prices things are actually selling for very well if MSPUS is still going up. You may find this interesting: https://en.wikipedia.org/wiki/Price_discovery https://en.wikipedia.org/wiki/Price_discovery