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US stocks closed lower across the board, with Coinbase falling over 7%.
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US stock markets closed lower on March 28, with the Nasdaq falling 2.15% for the week, down 3.23%. The S&P 500 fell 1.67% for the week, down 2.12%, marking its fifth consecutive week of decline, the longest losing streak since 2022. The Dow Jones Industrial Average fell 1.72% for the week, down 0.9%. Blockchain concept stocks broadly declined, with COIN (Coinbase) down 7.06%; MSTR (MicroStrategy) down 5.19%; and CRCL (Circle) down 4.69%.