- Oh, the irony! Crypto stocks like Marathon Digital and Circle decided to take a nosedive just after Bitcoin and Ether went on a weekend retreat. 📉💔
- What happened? Well, Friday’s rally (thanks to Fed Chair Jerome Powell sprinkling “rate cut” fairy dust) got everyone excited-until reality hit Monday morning. 😴
BTCBTC$112,691.70◢1.37%Ah yes, the classic “buy high, panic sell lower” strategy was in full swing as crypto stocks started the week with all the grace of a toddler at a wine tasting event. Traders cashed out faster than you can say “FOMO.” 🚀➡️💥
MARA Holdings (MARA) and Circle (CRCL) led the pack of losers, plummeting 6% before lunchtime. Bullish (BLSH)? Down 5%. Strategy (MSTR)? Slipping by 3%. Even Coinbase (COIN), eToro (ETOR), and Robinhood (HOOD) couldn’t escape the carnage. It’s like they’re auditioning for *Crypto Stock Idol: The Selloff Edition.* 🎤📉
Bitcoin and Ether weren’t spared either, both tumbling from their weekend highs like overconfident bungee jumpers who forgot to check the rope. Bitcoin fell roughly 4%, while Ether dropped a dramatic 5.5%. Ouch. 😬
And let’s not forget why we had that glorious Friday rally: Jerome Powell whispering sweet nothings about potential rate cuts. For a moment, it felt like Christmas came early-but then Santa turned out to be an imposter. 🎅❌
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