U.S. stocks sharply retreat, the crypto sector generally under pressure — Quick overview of the closing market on the 13th

【Blockchain Rhythm】On December 13th, U.S. stocks closed with obvious macroeconomic pressure. The S&P 500 index fell by 1.07%, and the Nasdaq Composite index declined even more, closing down 1.69%. Although the Dow Jones Industrial Average hit a new intraday high, it ultimately could not escape downward pressure, closing down 0.51%.

This wave of decline directly affected the crypto sector. The stock prices of related listed companies generally weakened, with varying degrees of decline.

Among them, a compliant platform (COIN) fell by 0.58%, showing relatively better stability. However, the performance of other companies was less ideal—Circle (CRCL) down 5.76%, Strategy (MSTR) down 3.74%, Bullish (BLSH) down 4.05%, and Gemini (GEMI) with the largest decline at 11.81%.

Mining and computational power related enterprises also came under pressure. Bitmine (BMNR) fell 9.17%, Bit Digital (BTBT) down 8.54%, BTCS (BTCS) down 9.01%, ETHZilla (ETHZ) down 8.5%. Gaming-related company SharpLink Gaming (SBET) dropped 8.85%.

In the public chain ecosystem, BNB Network Company (BNC) declined 4.81%. Companies in other sectors also generally faced setbacks—ALT5 Sigma (ALTS) down 2.63%, American Bitcoin (ABTC) down 2.73%.

Against the backdrop of weakening macroeconomics, listed companies related to crypto assets have become representatives of risk assets, and market sentiment remains bearish. This trend may continue in the short term, and investors should closely monitor upcoming economic data and policy signals.

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HappyToBeDumpedvip
· 12-13 01:58
Again, it has dropped. This large A-shaped trend is making my eyes dizzy. Gemini's big move is really hard to withstand. The compliance army still relies on COIN as the leader; everyone else is trembling. Mining has been completely broken through; it can't keep up with the market. When macro pressures hit, our entire team is wiped out—it's really absurd. That guy from MSTR didn't make it either; 3.74 is quite tragic. Let's wait for the Federal Reserve to print money; entering now is purely catching a falling knife.
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TrustlessMaximalistvip
· 12-13 01:58
Here we go again. When macroeconomics crashes, crypto follows suit. When will this pattern ever change? GEMI drops 11.81%? LOL, this is the fate of centralized exchanges. COIN is still holding on stubbornly, really hanging in there. Mining concepts are being hammered across the board. How are we supposed to endure this wave? What happened to digital gold? Why is it worse than US stocks? Wait, should I buy the dip or keep observing... feeling a bit conflicted. The market is so fragile, it's really more reassuring to just hold BTC in a cold wallet.
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All-InQueenvip
· 12-13 01:57
Another big drop day, this rhythm feels a bit familiar... GEMI has fallen so much, are the friends holding positions okay? When the U.S. stock market catches a cold, crypto runs a fever. What to do? COIN can still hold on, others are really pulling more and more. Mining concept stocks are getting hammered again; how strong must these people's mentalities be? With such strong macroeconomic pressure, a rebound in the short term seems difficult. MSTR can still stay steady, an unexpected surprise. The drop in Gemini... who is bottom-fishing? Feels like some people will cut losses this time, and another round of shakeout is coming. CRCL has fallen over five percent, it looks painful. When will it bottom out? Waiting like this really can't be sustained.
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MEVHunterLuckyvip
· 12-13 01:52
Damn, it's the same market situation again. When the US stocks crash, we get crushed too... GEMI drops by 11.81% directly? How many people must have been liquidated? Gemini was really ruthless this time. I thought stablecoin platforms could withstand it a bit. MSTR is okay, not falling too much, and miner stocks are starting to catch their breath... this rhythm is really outrageous. Regulated platforms are more resistant to declines. COIN only fell 0.58%, sticking with big platforms is still the way to go. Should I be forced to add more to my position or just lie flat? I'm a bit unsure.
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GateUser-00be86fcvip
· 12-13 01:34
It’s dropping again and again, I really can't hold on this time. Enough already, when the US stock market crashes, the crypto world follows and gets buried with it. How many times have we seen this show? GEMI is nearly cut in half, are the friends holding positions okay? Only COIN can still hold out a bit, everything else is cannon fodder. Is this time the bottoming out, or should we keep waiting? Whenever the US stocks take a hit, the crypto market hails with hail. Truly unbelievable. What’s going on with the Gemini drop? Is it just a pure follow-the-leader fall? Mining companies can’t withstand it either; it looks like we need to reduce our holdings. If the macro situation continues like this, let’s not expect a rebound on our side either.
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