Bitcoin Emerges as Tonight's "Most Resilient" Asset, US Stock Chip Stocks Face "Stock Market Crash," Crypto Stocks Decline in Sync with US Stocks

BlockBeats News, July 7th, according to BIT market data, the U.S. stock market opened lower on Tuesday trading day, with the Nasdaq 100 Index falling by over 2%, the Philadelphia Semiconductor Index falling by over 6%, SPCX down 5.7%, MRVL down 10.25%, Western Digital down 11%, SanDisk down 13.9%, Micron down 8.8%, Oracle down 4%.

After the U.S. stock market opened, Bitcoin only dropped by nearly 1%, a decline on par with gold. However, U.S. stock crypto shares have synchronously declined with the overall market, with SBET down 5.2%, GEMI down 6.12%, CRCL down 5.35%, MSTR down 3.3%, COIN down 4%.