#CryptoStocks #CryptoStocks seventh straight day, posting its biggest drop since May 2021, and was recently 22% lower over 24 hours. The CoinDesk 20 Index (CD20), a measure of the broader crypto market, dropped 20% as of 13:45 UTC.
Equity markets slid worldwide, with the Nikkei 225 plunging more than 12%. The Stoxx Europe 600 fell 3.3% and the S&P 500 lost 3.0%.
Miners plunged alongside bitcoin. Marathon Digital (MARA) and Iren (IREN) both lost about 11%, as did Hut 8 (HUT). Riot Platforms (RIOT) lost 5.6%.