🔴 Galaxy Digital is trading 5.6% down today as U.S. equities pull back

Galaxy Digital is trading 5.6% down at $20.65 after a broad U.S. equity pullback.

• The Nasdaq Composite is down 1.39%, while the S&P 500 is down 0.63%.
• Bitcoin is up 0.67% since the August 17 close and Ethereum is up 0.27%, so cryptocurrency prices do not explain the decline.
• Recent analyst forecast reductions and insider-selling concerns remain background pressure; no fresh company-specific catalyst was identified for August 18.