股债双涨之际加密货币市场独跌：“特朗普概念”成重灾区 DATs公司监管阴云笼罩

Core Viewpoint - The cryptocurrency market is experiencing a downturn despite rising expectations for interest rate cuts by the Federal Reserve, with significant declines in tokens and companies associated with the Trump family [1] Group 1: Market Performance - Digital assets and related stocks continued to decline, particularly those linked to Trump-related projects, with ALT5Sigma Corp. (ALTS.US) shares dropping 12% and WLFI token falling 25%, resulting in a cumulative decline of over 50% in the past week [1] - American Bitcoin Corp. (ABTC.US), associated with Eric Trump, saw a maximum drop of 22% after its listing [1] - Ethereum token price decreased by 3.3%, while Solana token fell by 3.8%, reflecting a broader trend of declining prices among cryptocurrency treasury companies [2] Group 2: Regulatory Concerns - Nasdaq is requiring companies holding cryptocurrency to obtain shareholder approval before raising funds through stock issuance for token purchases, which may slow down transactions but aligns with shareholder rights [2] - A total of 184 public companies have announced plans to raise over $132 billion for cryptocurrency purchases, indicating a significant interest in the market despite regulatory scrutiny [2] Group 3: Investor Sentiment - Investors are reassessing the actual value of underlying tokens in cryptocurrency treasury companies, leading to a decline in both stock prices and token values [5] - The recent employment data suggests a cooling labor market, contributing to a cautious approach among investors ahead of key economic indicators [6] - Bitcoin, a market benchmark, fell approximately 2% to around $109,800, significantly lower than its historical high of over $125,000 reached on August 14 [6]