TREE NEWS reports: The US cryptocurrency and crypto-related index closed down 3.45% at 71.31 points, gapping lower at the open and touching a session low of 70.88 before trading in a narrow range. Spot bitcoin fell 1.22% over 24 hours to $77,248.19, accelerating lower after 20:00 Beijing time. Spot ether slipped 0.38% to $2,460.125, dipping to $2,405.248 at 21:12 in a brief V-shaped move.
Crypto-Linked US Stock Index Falls 3.45% to 71.31
The gap lower and narrow post-low range suggest sellers were in control early rather than a steady grind, with the index's decline outpacing bitcoin's milder 24-hour move — equity proxies are absorbing more downside than the underlying assets. Ether's brief V-shaped dip and recovery stands out as the session's only real intraday reversal, hinting at thinner liquidity around that move rather than a change in direction. Whether the equity index keeps amplifying spot moves, or converges back toward them, is the open question worth tracking.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.