Crypto market crashed as equities market recorded the worst day since 2022. NASDAQ declined 4%, while the S&P 500 fell 2.7%. As of now, $BTC is trading at $78,575 and $ETH is trading at $1,864. Bitcoin dominance stands at 61.78%.
The U.S. stock market plummeted amid growing recession concerns, exacerbated by President Trump's persistent tariff policies on Canada, Mexico, and China. His offhand remark that the market crash was “okay” and that he wouldn’t rule out a recession due to tariff uncertainty further unsettled investors, intensifying the sharp sell-off across Wall Street.
A few headlines include: Coinbase To Launch 24/7 And Perpetual Style Futures In The US and Microstrategy Files To Offer Up To $21 Billion In Preferred Stock.
Over the past 24 hours, the top three gainers were $MOVE, $IP, and $MNT, while the top three losers were $SPX, $RUNE, and $FET.
