📉 US stocks and crypto stocks collectively came under pressure on Friday

S&P 500 closed down 1.07%

Nasdaq fell 1.69%

Dow Jones retreated after hitting a historical high during the day, closing down 0.51%

Crypto concept stocks broadly declined:

$COIN -0.58%｜$CRCL -5.76%｜$MSTR -3.74%

$BLSH -4.05%｜$GEMI -11.81%

$BMNR -9.17%｜$SBET -8.85%｜$BTBT -8.54%

$ETHZ -8.50%｜$BTCS -9.01%

Risk assets overall cooled down, and sentiment significantly weakened.