The crypto market is experiencing a widespread decline, with a 24-hour market cap drop of 3.9%, while the three major U.S. stock indexes are close to flat.
BlockBeats News, August 15th, the cryptocurrency market experienced a widespread decline. According to HTX market data, Ethereum fell below $4,500 this morning, currently trading at $4,568. Bitcoin also fell below $118,000 this morning, with the current price at $11,8488. The total cryptocurrency market capitalization dropped to $4.09 trillion, with a 3.9% decrease in the last 24 hours. The major U.S. stock indices closed near flat, with the S&P 500 up 0.03%, Nasdaq down 0.01%, and Dow down 0.02%. The S&P 500 index has set a new closing high for three consecutive trading days. Large-cap tech stocks saw a general rise, with Intel surging over 7%.
The altcoin market experienced a general decline, with Ethereum ecosystem tokens leading the drop, including:
REZ down 16.36% in the last 24 hours;
SSV down 15.13% in the last 24 hours;
ORDI down 15.48% in the last 24 hours;
EIGEN down 15.02% in the last 24 hours;
TNSR down 14.8% in the last 24 hours;
According to RockFlow market data, cryptocurrency stocks experienced a general decline, including:
Bitcoin mining company TeraWulf (WULF) surged 59.52% after signing two 10-year AI hosting agreements with the AI cloud platform Fluidstack, with an expected first 10-year contract revenue of approximately $3.7 billion;
Cryptocurrency exchange platform Bullish (BLSH) rose over 9.85%, with a trading volume of $25.13 billion;
Circle (CRCL) dropped by 9.08%, with a trading volume of $25.57 billion;
Coinbase (COIN) dropped by 0.65%, with a trading volume of $30 billion;
MicroStrategy (MSTR) dropped by 4.35%, with a trading volume of $61.45 billion;
SharpLink Gaming (SBET) dropped by 0.13%, with a trading volume of $10.56 billion;
Bitmine Immersion (BMNR) dropped by 2.04%, with a trading volume of $42.42 billion.
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