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Bitcoin becomes the "most resilient" asset tonight, US chip stocks face a "stock market disaster," and crypto stocks fall in sync with the general decline in US stocks.

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ME News message, July 7 (UTC+8), according to BIT(bit.com) market data, U.S. stocks opened lower and drifted lower during Tuesday’s trading session. The Nasdaq 100 index fell by more than 2%, the Philadelphia Semiconductor Index fell by more than 6%, SPCX fell 5.7%, MRVL fell 10.25%, Western Digital fell 11%, SanDisk fell 13.9%, Micron fell 8.8%, and Oracle fell 4%. After the U.S. stock market opened, Bitcoin was only down nearly 1%, a decline comparable to gold; however, U.S. crypto stocks have fallen in step with the broader market, with SBET down 5.2%, GEMI down 6.12%, CRCL down 5.35%, MSTR down 3.3%, and COIN down 4%. (Source: BlockBeats)
BTC-1.04%
NAS100-0.11%
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