European STOXX 600 Falls 1.21% to Close at 627.23

The pullback is broad rather than concentrated, with all three major regional benchmarks falling in a similar range, which points to macro or sentiment-driven selling rather than weakness in a single sector or stock. That matters for crypto and RWA markets because European equity risk appetite often sets the tone for the broader risk complex, and a synchronized down day can weigh on digital-asset sentiment. Whether the decline extends or reverses in the next session, and whether the moves stay this correlated across benchmarks, is the open question worth watching.