U.S. stocks closed lower across the board, with Coinbase falling more than 7%.

CoinFeed reported on March 28 that all three major U.S. stock indexes closed lower. The Nasdaq fell 2.15%, with a cumulative weekly decline of 3.23%; the S&P 500 fell 1.67%, with a cumulative weekly decline of 2.12%, marking its fifth consecutive week of losses, the longest losing streak since 2022; and the Dow Jones Industrial Average fell 1.72%, with a cumulative weekly decline of 0.9%. Blockchain concept stocks generally declined, with COIN (Coinbase) falling 7.06%; MSTR (Strategy) falling 5.19%; and CRCL (Circle) falling 4.69%.