The Nasdaq dropped 4% as semiconductor stocks cratered and Bitcoin fell below $60K. Here's what the Wall Street sell-off means for crypto investors.

US stocks fell sharply after a blowout May jobs report sparked fears of sustained high interest rates, wiping trillions from Big Tech and dragging crypto

The S&P 500 fell 2.64% as investors rotated from tech into healthcare and consumer staples. Bitcoin dropped below $60K amid rising Treasury yields.

Wall Street's major indices declined as weakness in technology stocks and escalating US-Iran tensions overshadowed inflation data that met expectations. Investors reassessed…