🚹 Market Alert: Crypto Stocks Tumble as Bitcoin Stabilizes

Crypto-linked equities are feeling the heat in pre-market trading today. The market is still reacting to President Trump’s nomination of Kevin Warsh as the next Federal Reserve Chair, which triggered a sharp sell-off over the weekend.

📉 Stock Performance (Pre-Market):

MicroStrategy ($MSTR): đŸ”» Down 6%+

Galaxy Digital ($GLXY): đŸ”» Down 7%+

Coinbase ($COIN): đŸ”» Down 4%

Miners ($IREN, $CIFR): đŸ”» Down 4%

📊 Market Overview:

Bitcoin ($BTC): Holding steady at $77,000 after a brief scare at $74,500.

Volatility: The VIX is up 10%, showing increased market fear. Implied volatility (Volmex) has surged from 40 to 50.

Commodities: A rough day for metals and energy—Gold and Silver are both down 4%, while Oil (WTI) crashed 5% to $62.

The Dollar Index ($DXY): Slightly down at 97, allowing Bitcoin some breathing room to tick higher.

Key Tickers to Watch:

$BTC | $MSTR | $COIN | $IREN | $CIFR | $GOLD $ETH

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