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Market sentiment is quite sensitive, and even the slightest disturbance can easily trigger a chain reaction. $RIVER's early unlock selling directly drove the price down, and $CRCL is also under pressure from potential regulatory draft impacts, with everyone watching whether these localized risks will spread.
$RIVER : Today's heat stems from early participants' large unlock and profit-taking, with 277 tokens sold triggering a price drop from 33U to 21U, as the market worries about subsequent unlock selling pressure.
$CRCL : Today's direct cause remains market concerns about the CLARITY Act draft's prohibition on stablecoins paying passive yields, which directly impacts the core business models of Circle and others.