Crypto Stocks Slide at U.S. Open: BNB Network Company (BNC) Falls 6% as Coinbase, MicroStrategy and Others Decline

At the opening bell of the U.S. stock market, market data showed modest downside pressure: the Dow declined 0.19%, the S&P 500 eased 0.15%, and the Nasdaq slipped 0.14%, reflecting broad-based risk-off sentiment in listed equities.

Within the crypto stocks cohort, traders recorded across-the-board losses, led by BTCS (BTCS) down 5.91% and BNB Network Company (BNC) off 6.00%; other notable moves included Coinbase (COIN) -2.91%, MicroStrategy (MSTR) -4.04%, and SharpLink Gaming (SBET) -5.79%, data indicates — useful benchmarks for portfolio rebalancing and liquidity assessment.

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