European Stocks Extend Losses; DAX Falls Over 2%

The breadth of the move matters more than any single index: losses spanning Germany, the UK, France and the wider eurozone point to a region-wide repricing rather than a country-specific story. That synchronization suggests a common macro driver is at work, though the item does not identify one. For crypto and RWA markets, the relevant question is whether this is a contained equity correction or the start of a broader risk-off phase that typically tightens liquidity across asset classes. Whether European equities stabilize or extend the slide is the open question.