Major U.S. indices opened sharply lower, with crypto-linked stocks such as MicroStrategy, Solana, and Coinbase posting steeper losses, reflecting heightened sensitivity to broader equity market declines.
U.S. stock markets opened significantly lower, with the Dow down 2.26%, the Nasdaq falling 2.16%, and the S&P 500 declining 2.03%, according to msx.com data. Crypto-related shares underperformed alongside the broader market, as MicroStrategy dropped 6.16%, Solana fell 6.13%, and Coinbase lost 5.36%. The declines highlight continued volatility in digital asset-linked equities during broader market weakness.