Across the globe, crypto stocks witnessed significant declines today. Major Asian exchanges saw double-digit losses, while European exchanges remain open and are experiencing even more substantial drops already. In Japan, Metaplanet Inc., Monex Group Inc., and SBI Holdings experienced sharp price drops of 20.26%, 10.29%, and 11% respectively. Hong Kong witnessed losses as well, with OSL Group declining 11.61%, while Okg Technology Holdings Ltd. fell 16.56%. The Shanghai Stock Exchange saw moderate losses, with Industrial and Commercial Bank of China down by 1.89%. However, many crypto stocks are still seeing declines in the U.S., with Coinbase Global Inc. down 7.82% premarket and even Strategy, which gained on Friday, facing a sharp 10.02% decline. Analysts suggest that this negative sentiment surrounding crypto stocks is likely to persist.