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Nvidia fell nearly 3%, AMD and Broadcom dropped more than 3%, TSMC and ASML fell 1.8%, and Intel dropped 0.8%.

Jinse Finance reported that the U.S. Securities and Exchange Commission (SEC) announced today that it will hold a roundtable meeting at its Washington headquarters on March 4 to discuss private market valuation and responsible retailization issues. The meeting will be chaired by Brian Daly and broadcast live on the official website. The roundtable topics include exploring the opportunities and challenges brought by the gradual entry of traditional private assets into public products, matters of concern for public investors, as well as discussing the governance challenges and industry best practices faced by managers when providing private market asset exposure to meet retail demand.

PANews, February 26 — According to Cointelegraph, regarding market rumors that quantitative trading firm Jane Street manipulates bitcoin prices by programmatically selling at the opening of the US stock market each day, analysts say the data does not support this claim. The allegations stem from a lawsuit filed by the court-appointed administrator of Terraform Labs against Jane Street, accusing it of insider trading that exacerbated the collapse of the Terra algorithmic stablecoin ecosystem in May 2022. Some believe that Jane Street’s holdings of the BlackRock IBIT ETF may be masking net short positions through hedging not disclosed in public filings, and that coordinated algorithmic selling occurs daily at 10:00 AM Eastern Time. Julio Moreno, Head of Research at CryptoQuant, pointed out that buying spot while selling futures is a common strategy for delta-neutral funds to capture price spreads, and is not unique to any single company. Macro analyst Alex Krüger refuted the “10 o’clock sell-off” theory through data analysis, showing that since January 1, bitcoin’s cumulative return from 10:00 to 10:30 AM Eastern Time is 0.9%, indicating no systematic selling. Price action during this period is correlated with the Nasdaq Index, reflecting broad-based repricing of risk assets. The co-founder of Coin Bureau stated that regardless of whether market manipulation exists, bitcoin’s price cannot be driven by a single company, and recent weakness should be attributed more to geopolitical uncertainty, global liquidity conditions, and competition in the AI sector.