European stocks opened significantly lower on March 2, reflecting growing bearish sentiment in the crypto markets amid ongoing geopolitical tensions. U.S. futures for the three major indices also declined in pre-market trading. According to Coinglass data, funding rates on major centralized and decentralized exchanges have shifted back to a broadly bearish stance, after briefly returning to neutral over the weekend. This shift in sentiment is impacting both traditional and crypto markets, as traders adjust to the changing economic landscape.
European and U.S. Stocks Fall as Crypto Markets Turn Bearish
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