US indices fell from record levels at the start of the week as the weakness in the technology sector weighed on the broader market. Companies with a strong link to the cryptocurrency market, including Tesla, Coinbase, Riot Blockchain and Marathon Digital fell approximately 5% as due to a sharp fall in bitcoin over the weekend. The most popular crytporcurrency fell more than 20% from it's all-time high at $64, 680 reached on Wednesday after the stock market debut of cryptocurrency exchange Coinbase.
US100 pulled back from all-time highs at 14,062 pts and broke below major support at 13,905. At the moment 200 SMA (red line) managed to halt declines, at least temporarily. Source: xStation5
