Since the market opened today, we are seeing a widespread downward trend in crypto-related stocks. Almost all major players are showing red - Coinbase Global down 1.65%, Marathon Digital down 2.31%, and Riot Platforms down 2.59%. Robinhood Markets is also part of this decline, down 1.78%.

Small-cap stocks have also not been spared - Tron is the most affected with a 4.22% drop, and BMNR has also lost 1.88%. Circle has remained relatively stable, but everything else is under pressure. It appears that when the crypto market experiences pressure somewhere, these stocks are the first to react.