U.S. stocks are losing momentum heading into the afternoon, with the Nasdaq trading near its session lows as earlier strength fades. FINTECH.TV contributor Errol Coleman joins Remy Blaire live from the Cboe trading floor to break down the shift in market sentiment and whether buyers could step back in as stocks move lower.
As equities come under pressure and the VIX moves higher, crypto is emerging as the standout market. Coleman highlights the strength in digital assets despite the CLARITY Act failing to advance earlier in the week, with traders appearing to look past the legislative setback as crypto pushes toward new highs.
Bitcoin and Ethereum are among the assets in focus alongside crypto related names including Coinbase, Strategy and Robinhood. The conversation turns to the key drivers behind the rally before the live connection with Coleman drops.