U.S. stocks opened lower, with cryptocurrency concept stocks broadly declining. The Nasdaq 100 has pulled back 10% from its recent high and may enter a correction phase.

BlockBeatNews

BlockBeats news, on March 27, according to Bitget market data, U.S. stocks opened lower, with all three major indexes declining: the Dow Jones fell 0.21%, the S&P 500 fell 0.36%, and the Nasdaq fell 0.55%. The Nasdaq 100 index has dropped 10% from its high last October, and the market generally believes it is about to enter a correction period. U.S. cryptocurrency-related stocks fell broadly, including:

Strategy (MSTR) down 3.17%;

Coinbase (COIN) down 4.1%;

Circle (CRCL) down 1.93%;

MARA Holdings (MARA) down 3.15%;

BitMine Immersion (BMNR) down 2.16%;

SharpLink Gaming (SBET) down 2.45%.

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