Reports indicate that crypto stocks experienced a significant downturn, aligning with the Nasdaq entering a market correction. This contributed to a broader $17 trillion market rout. This decline follows a pattern observed since the onset of the war in Iran, where early week gains have consistently reversed into losses by the end of the week. The overall market sentiment reflects sustained pressure on digital asset-related equities.

Reports indicate that crypto stocks experienced a significant downturn, aligning with the Nasdaq entering a market correction. This contributed to a broader $17 trillion market rout. This decline follows a pattern observed since the onset of the war in Iran, where early week gains have consistently reversed into losses by the end of the week. The overall market sentiment reflects sustained pressure on digital asset-related equities.