AsianFin--Bitcoin experienced a significant drop, approaching the $58,000 mark, leading to a decline in cryptocurrency-related stocks. Hut 8 fell over 7%, while Bitfarms, Marathon Digital, and MicroStrategy each saw declines exceeding 3%. Canaan Creative and CleanSpark also dropped nearly 3%.

Throughout the day, Bitcoin's value decreased by more than 6%, reaching lows close to $58,000, while Ethereum briefly fell below the $2,400 threshold.