According to Evan (@StockMKTNewz), Tesla ($TSLA) stock has dropped by more than 10% today, signaling heightened volatility in traditional equity markets. Such sharp declines in high-profile tech stocks like Tesla often trigger increased risk aversion, which can spill over into the cryptocurrency market as traders adjust portfolios and liquidity moves. Crypto traders should monitor for potential short-term price swings and increased correlation between major equities and digital assets, as sudden stock market movements can lead to higher Bitcoin and altcoin volatility. Source: Evan (@StockMKTNewz) via Twitter, June 5, 2025.