More than $1.5 trillion in market cap has been wiped out right at the open.
S&P 500: -1.52% Nasdaq: -2.17% Dow Jones: -0.60%
Now the main question is how crypto reacts.
If $BTC holds up while equities are selling off, that would be a strong signal. But if the pressure spills over, the market could get another wave of volatility.
Regulatory clarity is coming, and a rising tide will likely lift digital assets broadly. It's targeting the chains already leading tokenized assets, stablecoins, and DeFi: $ETH, $SOL , $BNB , and $CC
$DOT is going sideways and moving back and forth off the key support area around $1.23 - $1.24. Price action is not clear; taking buys and sells can be really risky at this point.
Need to wait for the breakout to happen at $1.20 or $1.36
$ETH had a rally up to the resistance area and kept rejecting it multiple times. Candles closing over it show sellers are strong over there. We know $ETH will move up with alts season, so once the price starts to break, we can expect a mini altcoin season to lead the market.