Crypto World Daily Report:
The cryptocurrency market is experiencing a widespread decline. According to BossWallet market information, Ethereum has fallen below $4,500 this morning, currently priced at $4,568, while Bitcoin has dropped below $118,000, currently quoted at $118,488. The total market capitalization of cryptocurrencies has decreased to $4.09 trillion, with a 24-hour decline of 3.9%.
The three major U.S. stock indices are close to flat, with the S&P 500 index up 0.03%, the Nasdaq down 0.01%, and the Dow down 0.02%. The S&P 500 index has set a new historical closing high for three consecutive trading days. Major tech stocks are generally rising, with Intel soaring over 7%.
The altcoin market is broadly down, with Ethereum ecosystem tokens leading the decline. Among them: REZ down 16.36% in 24 hours; SSV down 15.13% in 24 hours; ORDI down 15.48% in 24 hours; EIGEN down 15.02% in 24 hours; TNSR down 14.8% in 24 hours;
Cryptocurrency stocks are generally down, with Bitcoin mining company TeraWulf (WULF) soaring 59.52% after signing two 10-year AI hosting agreements with AI cloud platform Fluidstack, expecting first 10 years of contract revenue to be about $3.7 billion; crypto trading platform Bullish (BLSH) up over 9.85%, trading volume of $2.513 billion; Circle (CRCL) down 9.08%, trading volume of $2.557 billion; Coinbase (COIN) down 0.65%, trading volume of $3 billion; MicroStrategy (MSTR) down 4.35%, trading volume of $6.145 billion; SharpLink Gaming (SBET) down 0.13%, trading volume of $1.056 billion; Bitmine Immersion (BMNR) down 2.04%, trading volume of $4.242 billion.
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