Markets kicked off weak this morning. The S&P 500 E-mini futures fell 0.9%, while Nasdaq futures took a steeper hit with a 1.1% decline in early trading.

For crypto traders keeping an eye on macro trends, these moves matter. When traditional equities stumble, especially tech-heavy indices like the Nasdaq, it often sets the tone for digital asset sentiment. The broader risk-off environment ripples across multiple asset classes—stocks, crypto, commodities—all moving in tandem.

It's worth monitoring how this plays out through the session. Early morning weakness doesn't always mean the whole day follows suit, but the initial direction does signal where money is flowing and what investors are thinking about risk heading into the session.