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๐จ Market Open: Crypto Stocks Bleed as US Indices Tumble! ๐
The US stock market opened in the red today, dragging the entire crypto equity sector down with it.
๐น Macro Pressure: The Dow Jones (-0.93%), S&P 500 (-0.89%), and Nasdaq (-1.29%) all took a hit at the opening bell.
๐น Crypto Equities Sliding:
๐ป $SOL ecosystem: -5.21%
๐ป SharpLink: -4.30%๐ป Bitmine: -3.42%
๐ป $COIN: -3.40%
๐ป Circle: -3.37%
๐ป $MSTR: -2.57%
๐น The RWA Impact: As traditional tech stocks face a broader sell-off, decentralized Real World Asset (RWA) tokens tied to traditional equities are also feeling the heat.
Is this just a quick macro shakeout, or are we heading for a deeper market correction? ๐ฉธ๐