US Stock Crypto Concept Stocks Experience Widespread Decline, SBET Drops Over 5%

BlockBeats News, May 12, according to Bitget market data, the US stock market opened with the three major indices continuing to decline, with the Dow down 0.67%, the S&P 500 down 0.5%, and the Nasdaq down 0.65%.

Cryptocurrency-related stocks fell across the board, including: Sharplink (SBET) down 5.67%; American Bitcoin (ABTC) down 5.88%; MicroStrategy (MSTR) down 3.28%; Robinhood (HOOD) down 2.9%; Gemini (GEMI) down 2.87%.