US stock futures fall; Nasdaq 100 futures drop over 1%

The signal here is a rotation in risk appetite rather than a single catalyst: futures weakness concentrated in the Nasdaq 100 points to pressure on the growth and technology complex that has driven much of the equity market's momentum. That matters for crypto and RWA markets because digital assets have traded increasingly in step with tech-heavy risk sentiment, so a weaker open in growth stocks is a sentiment input worth tracking. Whether this is a one-session pullback or the start of a broader de-risking is the open question, and the rate-expectations backdrop cited in the item remains the variable to watch.