In accordance with Bpaynews, investor sentiment turned sharply risk-off, causing cryptocurrencies, equities, and rate-sensitive sectors to decline. Bitcoin fell to around $95,000, down 24% from its $126,000 peak, while major tokens dropped 8–12%. Crypto ETFs recorded over $1 billion in net outflows, and miners and crypto-exposed stocks underperformed as demand for put options increased. The Dow Jones also dropped about 800 points as hopes for imminent rate cuts faded.
Crypto and Stocks Drop Amid Risk-Off Sentiment, Bitcoin Falls 24%
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