I just saw the opening numbers on Wall Street and things look red all over. The Dow Jones dropped 1.28%, the S&P 500 1.22%, and Nasdaq 1.45%. Tech stocks were the hardest hit, with ASML falling more than 5%, TSM close to 3%, and NVDA, AMD, AMZN around 2%.



The interesting part is how crypto-related stocks reacted. American Bitcoin (ABTC) lost 4.70%, Sharplink (SBET) fell 5.30%, and mining companies like BitMine Immersion (BMNR) dropped 5.04%. Strategy (MSTR) also felt the blow with a 3% decline. Even Circle (CRCL) retreated 3.22%, and a major crypto platform dropped 3.14%.

It seems that when the overall market trembles, assets related to cryptocurrencies tend to fall even harder. It’s the usual pattern: risk off and everything turns red.
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