Summary
- It was reported that major virtual asset-related stocks on the US stock market declined across the board.
- On this day, Circle dropped 3.83%, and Coinbase fell 3.44%.
- The uncertainty in the risk asset market is increasing due to President Trump's Federal Reserve Chair change suggestion and the announcement of high tariffs.
Major virtual asset (cryptocurrency) related stocks are showing a decline on the US stock market.
On the 5th, the cryptocurrency-specialized media outlet BlockBeats, citing the investment data platform Rockflow, reported, "On this day, Sharplink Gaming fell by 1.45%, Circle by 3.83%, and Strategy (formerly MicroStrategy) by 1.53% respectively."
At the same time, Coinbase was down 3.44%, and Robinhood fell 0.58%.
It is observed that President Trump's suggestion of a change in the Federal Reserve Chair, as well as the announcement of high tariffs targeting India, the European Union, and others, have added uncertainty to risk assets overall.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
