Market Mayhem: Crypto Stocks in Free Fall 🚨

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Well, shucks, folks! It seems like the crypto market has gone plumb crazy! 🤯 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 – a whoppin’ 5% drop, to be exact! 📉 And don’t even get me started on the tech-heavy Nasdaq 100, which has tanked a whopping 3.54% – that’s a whole lotta cluckin’ money, if you ask me! 🐓

Crypto Stocks Get a Good Scoldin’ from Nasdaq 100 Crash

As of press time, the Nasdaq 100 futures are down 3.54% or 770 points, sendin’ shockwaves across the globe like a wild mustang on the loose! 🐴 And Bitcoin price? Well, it’s lost its crucial support at $100K levels, causin’ a right ol’ spillover effect with a broader market correction. Top crypto stocks like MSTR, COIN, MARA, and others are facin’ the heat of this correction like a bunch of chickens in a hail storm! 🌪️

MicroStrategy (MSTR) Takes a 4.95% Tumble

In the pre-market trading session on Monday, MicroStrategy share price has extended losses like a cowboy lassoin’ a steer! 🤠 MSTR stock is down by 4.95%, slippin’ under $350 levels like a snake slippin’ through the grass! 🐍 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! 🐕

And what’s this? MicroStrategy executive chairman Michael Saylor is hintin’ at further purchases like a sly fox in a henhouse! 🦊 “Volatility is a gift to the faithful,” Saylor wrote on X, like a wise old owl perched in a tree! 🦉 Keepin’ in tradition from its past weeks’ announcements, there’s a possibility that MicroStrategy might announce fresh purchases in today’s dip like a fisherman reelin’ in a big catch! 🎣

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

The COIN stock price also tanked like a ship in a storm! 🚢 It’s down by 6% in the pre-market trading session, droppin’ to $280 like a hot potato! 🥔 The Donald Trump victory has favored a strong rally for Coinbase like a horse racin’ to the finish line! 🐴 But since then, the COIN share price has been as volatile as a teenager’s mood swings! 🤪 Similarly, Bitcoin miner Marathon Digital (MARA) is another crypto stock losin’ 5.5% like a gambler losin’ his shirt in a poker game! 🃏

DeepSeek Fears Take Wall Street on a Wild Ride

China’s AI Startup DeepSeek has emerged like a phoenix from the ashes! 🦜 It’s the most downloaded app on the Apple Store during the past weekend, like a best-sellin’ novel on the shelves! 📚 Its growin’ popularity is challengin’ multi-billion dollar giants like OpenAI like a young upstart challengin’ the champ! 🥊

And what’s more, it’s built with an investment of just $6 million, like a small-time farmer growin’ a prize-winning pumpkin! 🎃 Against tens of thousands of dollars, that’s like findin’ a needle in a haystack! 🌾 Furthermore, it uses less advanced AI chips to deliver eye-poppin’ results like a magician pullin’ a rabbit out of a hat! 🎩

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