The latest news: markets are anything but calm. Let’s break it all down.

The most striking developments are in the markets. $BTC continued to slide, falling below $76,000, down 5.6% in 24 hours. $ETH fell below $2,300, $SOL dropped below $90, and BNB slipped under $700. Major cryptocurrencies are all weakening. Meanwhile, liquidation figures across the market are even more brutal: over $1 billion in 24 hours, with 199,054 traders liquidated. Long positions accounted for the vast majority—this downturn has hit those betting on a rally hard, so risk management must come first.

U.S. stocks are crashing in tandem. NVDA fell more than 8%, the Philadelphia Semiconductor Index dropped over 10%, SanDisk slid more than 17%, and Micron fell over 12%. The Nasdaq 100’s losses widened to 5.1%, while the S&P 500 and Nasdaq are both on track for their biggest single-day drops in five months. The VIX fear index briefly surged more than 62%. Risk assets are selling off across the board—don’t try to tough it out.

Why is the AI sector plunging? Lawmakers have once again proposed a permanent ban on superintelligence. Combined with concerns about returns on investment and intensifying regulatory rhetoric, this has sent AI darling stocks tumbling and clearly dampened sentiment.

There’s an update on crypto security: Binance has submitted a constitutional-level AIP proposal to the Arbitrum DAO, requesting the unfreezing of approximately 8,426 ETH and 74.56 million ARB that were frozen after a hot wallet was attacked, so they can be returned to a designated recovery address. Keep an eye on the upcoming governance vote.

There’s also a data point from the AI sector: DeepSeek Harness has surpassed 1.54 million daily active users, with daily Token consumption at around 92 trillion, according to the official API user metric. The buzz is still going strong.

Would you dare to buy the dip in this market, or would you rather sit on the sidelines? Share your thoughts in the comments, and be sure to manage your positions—don’t let one bout of volatility wipe out your principal.