- Wu Blockchain posted a tweet reflecting on the close of the crypto and the stock markets on May 27.
- This is the second time this month that Ethereum’s price fell below $1,800.
- Several of the top Layer 1 blockchains posted some of the biggest losses in the market.
Twitter user Wu Blockchain posted a tweet reflecting on the close of the crypto and stock markets on May 27. The tweet stated, “In the past 24 hours, Ethereum fell below $1,800, and the overall cryptocurrency market fell 4.1%. The Nasdaq closed up 2.68%, while Tesla rose 7%. The U.S. stock market and the cryptocurrency market have rarely seen a different trend.”
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