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The Nasdaq fell below 22,000 points, and U.S. crypto-related stocks collectively pulled back.
[BlockBeats] The US stock market opened interestingly today. After a slight rise at the open, the Nasdaq couldn’t hold on and quickly turned down 0.2% during the session, falling below the 22,000-point mark. The crypto sector is even more in the red.
Here’s how some of these stocks performed: Strategy (MSTR) pulled back 2.35%, Coinbase (COIN) fell 1.6%, MARA Holdings (MARA) dropped 2.88%.
Riot Platforms (RIOT) was even worse, falling 3.91%. Bitmine Immersion (BMNR) dropped 4.5%, and SharpLink Gaming (SBET) also fell 3.55%.
Crypto-related stocks are under collective pressure, and the market sentiment does seem a bit delicate.