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US Stocks Open Lower, Crypto-Related Stocks Experience Widespread Decline, Strategy Down 3.85%

2 hours ago

U.S. stocks opened lower on March 18: The Dow Jones Industrial Average dropped 0.5%, the S&P 500 Index fell 0.31%, and the Nasdaq Composite declined 0.27%. Crypto-related stocks broadly declined, including: - MicroStrategy (MSTR): Down 3.85% - Coinbase (COIN): Down 2.87% - Circle (CRCL): Down 1.31% - MARA Holdings (MARA): Down 2.4% - BitMine Immersion (BMNR): Down 4.74% ### Notes on American language habits: 1. **Conciseness**: Cut redundant phrases (e.g., "at the opening of the US stock market" → "U.S. stocks opened lower"). 2. **Precision**: Use financial jargon common in U.S. news (e.g., "broadly declined" instead of "generally fell"; "Nasdaq Composite" for full index name). 3. **Clarity**: Bullet points for stock list (standard in U.S. financial briefs) instead of consecutive paragraphs. 4. **Flow**: Separate index performance and stock updates with line breaks for readability.
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Whale Sets 10 Major Goals, Closes $169 Million Short Position, Estimated Profit Exceeds $7 Million

On March 18, crypto contract whale "Set 10 Big Goals First" (@jasonleo) closed its $169 million Bitcoin short position, noting "Closed, taking a break." The position was opened at $74,238.54, with estimated profits exceeding $7 million.

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Cryptocurrency Exchange Kraken Pauses IPO Plans

March 18 — Cryptocurrency exchange Kraken has paused its multi-billion-dollar IPO plan amid challenging market conditions.

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In the last 4 hours, the total liquidations across the network surged to $291 million, with long liquidations totaling $274 million.

March 18th — Per Coinglass data, total network liquidations hit $291 million in the past 4 hours, with long liquidations accounting for $274 million and short liquidations totaling $17.05 million. Additionally, over the past 24 hours, 127,712 traders globally have been liquidated, with total liquidations reaching $389 million. The largest single liquidation occurred in the Aster-ETHUSDT pair, amounting to $17.979 million.

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Bitcoin Falls Below $71,000, 24-hour Loss Extends to 4.1%

March 18th — Bitcoin has fallen below $71,000, with its 24-hour decline widening to 4.1%, per HTX market data.

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X Platform is Down

On March 18, web outage tracking site DownDetector reported that X was experiencing downtime.

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Ethereum Falls Below $2200, 24-hour Loss of 6.04%

Data from HTX shows Ethereum (ETH) fell below $2,200 on March 18th, with a 24-hour drop of 6.04%.

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