Market Mayhem: Crypto Stocks in Free Fall šŸšØ

Well, shucks, folks! It seems like the crypto market has gone plumb crazy! šŸ¤Æ In the pre-market trading session on Monday, those fancy crypto stocks like MicroStrategy (MSTR), Coinbase (COIN), and Marathon Digital (MARA) have taken a great big tumble ā€“ a whoppinā€™ 5% drop, to be exact! šŸ“‰ And donā€™t even get me started on the tech-heavy Nasdaq 100, which has tanked a whopping 3.54% ā€“ thatā€™s a whole lotta cluckinā€™ money, if you ask me! šŸ“

Crypto Stocks Get a Good Scoldinā€™ from Nasdaq 100 Crash

As of press time, the Nasdaq 100 futures are down 3.54% or 770 points, sendinā€™ shockwaves across the globe like a wild mustang on the loose! šŸ“ And Bitcoin price? Well, itā€™s lost its crucial support at $100K levels, causinā€™ a right olā€™ spillover effect with a broader market correction. Top crypto stocks like MSTR, COIN, MARA, and others are facinā€™ the heat of this correction like a bunch of chickens in a hail storm! šŸŒŖļø

MicroStrategy (MSTR) Takes a 4.95% Tumble

In the pre-market trading session on Monday, MicroStrategy share price has extended losses like a cowboy lassoinā€™ a steer! šŸ¤  MSTR stock is down by 4.95%, slippinā€™ under $350 levels like a snake slippinā€™ through the grass! šŸ Although the stock price has been as volatile as a wildcat in a sack, the firm has continued with its Bitcoin acquisition strategy like a dog with a bone! šŸ•

And whatā€™s this? MicroStrategy executive chairman Michael Saylor is hintinā€™ at further purchases like a sly fox in a henhouse! šŸ¦Š ā€œVolatility is a gift to the faithful,ā€ Saylor wrote on X, like a wise old owl perched in a tree! šŸ¦‰ Keepinā€™ in tradition from its past weeksā€™ announcements, thereā€™s a possibility that MicroStrategy might announce fresh purchases in todayā€™s dip like a fisherman reelinā€™ in a big catch! šŸŽ£

COIN Stock Loses 6%, MARA Joins the Crypto Stocks Crash

The COIN stock price also tanked like a ship in a storm! šŸš¢ Itā€™s down by 6% in the pre-market trading session, droppinā€™ to $280 like a hot potato! šŸ„” The Donald Trump victory has favored a strong rally for Coinbase like a horse racinā€™ to the finish line! šŸ“ But since then, the COIN share price has been as volatile as a teenagerā€™s mood swings! šŸ¤Ŗ Similarly, Bitcoin miner Marathon Digital (MARA) is another crypto stock losinā€™ 5.5% like a gambler losinā€™ his shirt in a poker game! šŸƒ

DeepSeek Fears Take Wall Street on a Wild Ride

Chinaā€™s AI Startup DeepSeek has emerged like a phoenix from the ashes! šŸ¦œ Itā€™s the most downloaded app on the Apple Store during the past weekend, like a best-sellinā€™ novel on the shelves! šŸ“š Its growinā€™ popularity is challenginā€™ multi-billion dollar giants like OpenAI like a young upstart challenginā€™ the champ! šŸ„Š

And whatā€™s more, itā€™s built with an investment of just $6 million, like a small-time farmer growinā€™ a prize-winning pumpkin! šŸŽƒ Against tens of thousands of dollars, thatā€™s like findinā€™ a needle in a haystack! šŸŒ¾ Furthermore, it uses less advanced AI chips to deliver eye-poppinā€™ results like a magician pullinā€™ a rabbit out of a hat! šŸŽ©

Chip Stocks Pre-Market Reaction to DeepSeek:

1. Broadcom, $AVGO: -11.9%
2. Nvidia, $NVDA: -11.5%
3. Taiwan Semi, $TSM: -11.2%
4. Super Micro, $SMCI: -10.8%
5. Arm, $ARM: -10.0%
6. Micron, $MU: -8.7%
7. AMD, $AMD: -5.6%
8. Qualcomm, $QCOM:

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2025-01-27 15:14