Nasdaq 100 Trims Loss to Under 1%, Hits Session High

Index-level moves like this say more about intraday positioning than about any single narrative, since the recovery came without a clear catalyst in the item. For crypto and RWA desks, the relevant signal is that risk appetite in tech equities steadied rather than deteriorated, which tends to matter for correlated digital-asset sentiment. Whether the pared losses hold into the close, or prove to be a brief bounce within a weaker session, is the open question worth tracking.