Noticed Bitcoin dropped back toward $69k on Tuesday morning, following a familiar pattern we've seen over the past few months - modest gains on Mondays, then pullbacks mid-week. The broader market selloff in tech stocks definitely dragged things down, with risk-off sentiment kicking in as investors started pricing in potential Fed rate hikes instead of cuts. Pretty wild how quickly sentiment shifted on that.

The crypto-linked stocks got hit harder though. Circle, the USDC issuer, took a sharp 16% dive after rallying over 100% in the previous month, while a major crypto exchange dropped 8%. The latest Clarity Act text apparently won't allow stablecoin yield rewards, which spooked investors on the store-of-value narrative. Meanwhile, Tether announced hiring a Big Four firm for a full audit of reserves, which some saw as a competitive move.

Ether, Solana, and XRP were all down 2-3% on the day, tracking alongside the broader equity reversal. Software stocks rolled over about 4%, and crypto's been moving in lockstep with that sector since October. The macro backdrop didn't help either - yields climbing, DXY staying firm above 99, oil up 2%. Pretty textbook risk-off environment across digital assets and traditional markets both. Worth watching if this Tuesday weakness continues or if we bounce back into the week.