The U.S. Housing Index has fallen to 38 as global markets adopt a risk-off stance due to volatility in AI stocks, turbulence in the cryptocurrency market, and increased scrutiny of Chinese lending to U.S. tech and infrastructure sectors. Over the past 25 years, Chinese institutions have invested approximately $200 billion in these sectors, raising concerns about geopolitical and valuation impacts. In response, the Dow Jones Industrial Average dropped by about 400 points, while the S&P 500 declined for the fourth consecutive session. Bitcoin's price fell below $90,000, and a Cloudflare outage disrupted several blockchain services, including Toncoin and Arbiscan.