US tech stocks decline collectively, with crypto-related stocks under pressure and trending downward

2025-12-13 01:20:12

【Crypto World】December 13th, U.S. stock market’s three major indices weakened today. The Dow Jones Industrial Average declined by 0.51%, with a weekly gain of 1.05%; the NASDAQ Composite fell by 1.69%, down 1.62% for the week; the S&P 500 decreased by 1.07%, down 0.63% for the week.

Technology stocks generally came under pressure. Nvidia dropped over 3%, while Google, Microsoft, Meta, and Amazon all declined by more than 1%, with Tesla bucking the trend and rising over 2%.

Crypto-related listed companies also declined simultaneously. Coinbase fell 0.58%, Grayscale Bitcoin Miners Trust(CRCL) dropped 5.76%, and digital asset management firm MicroStrategy(MSTR) had the largest decline, down 3.74%. Overall, the correlation between the cryptocurrency market and traditional tech stocks remains strong, and investor sentiment fluctuations continue to pressure the sector.

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TokenVelocityTrauma

· 2h ago

MSTR is being pressed down again, really impressive... After this move, it seems there's no good entry point for a bottom.

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DeepRabbitHole

· 12-13 01:49

It's dropped again, and MSTR's 3.74% decline really stings.

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AirdropHustler

· 12-13 01:48

Gray scale drops 5.76%? Oh my, with this pace, should I buy the dip again or just continue to lie flat?

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0xSleepDeprived

· 12-13 01:47

Grayscale is cut in half again, same old trick, retail investors continue to be harvested.

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ForkItAllDay

· 12-13 01:47

It's dropping again and again, it feels like the crypto market is tied to the US stock market and can't move freely. --- Grayscale's 5.76% drop this time is a bit harsh; holders must be heartbroken. --- Wait, Tesla is up 2% against the trend? What is Elon Musk up to this time? --- MSTR's biggest decline is only 3.74%, much better than I expected actually. --- When will tech stocks stop dragging down crypto and become independent? --- Alright, it's another Friday where we just watch the US stock market's mood. --- NVIDIA drops 3%, and I wonder if miners' spirits have also fallen. --- When can crypto finally break free from this curse? --- Coinbase only drops 0.58%, which feels almost unreal... --- The weekly chart is all red, just waiting for the reversal script on Monday.

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SnapshotStriker

· 12-13 01:47

It's dropped again. This wave of tech stocks really can't hold up; Nvda has already dropped 3%. Grayscale's decline is a bit harsh, but it's normal, following the market trend. Only Tesla is still holding strong; this guy really has some skills. Wait, MicroStrategy dropped the most? Feels like this guy has been up to something lately. Bitcoin is tied to tech stocks now. When will it be able to stand alone?

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DAOdreamer