U.S. Stock Market Downturn Fuels Crypto Weakness

Stock markets experienced losses on Thursday, with the Dow Jones Industrial Average declining by 0.84%, the S&P 500 falling 1.55%, and the Nasdaq Composite dropping 2.15%. Nvidia shares saw a 3.1% drop after initially rising by 5% during the session. This coincided with crypto market losses, where Bitcoin briefly dropped to $86,100 at 3:00 AM UTC+8 before recovering slightly to $87,200. Ethereum also fell below $2,800, later rebounding to $2,850. 📈