US Stock Market Opens Down, Crypto-related Stocks Experience Widespread Decline, Nasdaq 100 Retraces 10% from Recent High, Potentially Entering a Correction Phase

BlockBeats News, March 27th, according to Bitget market data, at the opening of the US stock market, the three major indexes collectively opened lower, with the Dow Jones Industrial Average down 0.21%, the S&P 500 down 0.36%, and the Nasdaq down 0.55%. The Nasdaq 100 index has fallen 10% from its high in October last year, and the market generally believes it is about to enter a correction period. US stock crypto concept stocks fell across the board, including:

MicroStrategy (MSTR) down 3.17%;

Coinbase (COIN) down 4.1%;

Circle (CRCL) down 1.93%;

MARA Holdings (MARA) down 3.15%;

BitMine Immersion (BMNR) down 2.16%;

SharpLink Gaming (SBET) down 2.45%.