The market took a broad downturn yesterday, with most major assets sliding, from traditional commodities to newer digital tokens. Key cryptos dropped as much as 10%, while stablecoins held steady—though a few wobbled slightly—highlighting a pervasive risk-off mood even in the most stable corners of crypto. Smaller, riskier assets took the biggest hits as investors pulled back, while a handful managed tiny gains. It’s a classic market recalibration: unsettling for newcomers, routine for veterans—but the trend’s direction remains uncertain as we watch for signs of recovery.
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