Are crypto equities affected?
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Yes. Shares of Coinbase, Riot, Marathon, Strategy, and others fell 5–7% premarket following BTC’s drop.
Factors include:ETF holdings down >5%
Broader macro uncertainty (e.g., US layoffs up 205% YoY, economic volatility)
Investor risk-off sentiment spilling from crypto into equities
#CryptoStocks #COIN #RIOT #MarketUpdate
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5–7% premarket moves might feel small, but for these names that’s still a sharp wake-up call