The US stock market opened and immediately doused cold water on the crypto market, with all three major indices opening lower, triggering a chain reaction. Crypto stocks were hit hard, with SharpLink leading the plunge down 6.68%

Bitmine also suffered a heavy drop of 7.17%. The mainstream cryptocurrency ETH simultaneously dipped by 1.79%. This wave of correlated decline continues to ferment, putting pressure on market sentiment, and current focus should be on risk control measures. $BTC $ETH #美国7月PPI年率高于预期