Affected by the overall pullback of the U.S. stock market, crypto-related stocks generally declined on Friday, with Coinbase, Robinhood, Strategy, and others falling approximately 5%–10%. The mining sector also collectively weakened; Bitcoin temporarily dropped below $66,000. Meanwhile, the Nasdaq index has entered a technical correction zone, falling more than 10% from its peak. Over the past few months, assets including technology stocks, gold, and Bitcoin have collectively lost about $1.7 trillion in market value. Analysts believe that the Middle East situation and rising inflation expectations are intensifying market risk aversion. (CoinDesk)

BTC-3.41%
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