Bitcoin's drop below $60,000 and weakening sentiment have weighed on crypto equities, while 21shares has lowered its 2026 market outlook.

Dow, NASDAQ, and S&P 500 open lower as tech selloff deepens. Bitcoin drops 2.5% to $62,300, Ether falls 4%, and altcoin liquidations hit $717 million.

The Nasdaq fell 2% and semiconductors cratered 8%, dragging Bitcoin to $58K. The Crypto Fear & Greed Index hit 13, signaling extreme fear across markets.