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SUI's 4.9% drop and TAO's 4.4% slide dragged the broad index down 36.49 points, with only CRO and BNB finishing green among the 20 constituents.
A clean 20-for-20 down day is rarer than the index level itself suggests — when breadth is universal, the move usually reflects a macro pulse, not an asset-specific story.
Cowen frames the call around a 1996-style S&P/M2 fractal that's overdue: a shallow June–July pullback first, then a larger Q3 leg lower — and Bitcoin is positioned to fall harder than equities on…
Choosing a multisig quorum is a probability problem, not a vibes decision. Here is how 2-of-3, 3-of-5, and 4-of-7 actually behave when signers vanish, lose keys, or go silent.
Sui and Bittensor led the downside on a soft session for the broad index, while Polkadot and BNB were the only notable names on the green side.
CoinDesk
Benjamin Cowen