Live from the NASAC market site in the heart of New York City's Times Square, this is fast money.

Here's what's on top tonight. A Bitcoin bummer. The crypto sinking to its lowest levels in nearly two months and taking the whole token trade with it.

What is behind this move and how do you position yourself right now? And a state of real estate what one commercial property investor sees in store for the office space and the best

ways to invest in this environment. Plus Netflix notches its longest losing streak in nearly four

years, why the Chartmaster says UPS is about to deliver for investors and something rotten in the

kitchen. One of our traders says the fast food trade may be spoiled. Is it time to toss these names or is there

hope for a revival in this group? I'm Melissa Leak. I'm Melissa Leak. I'm at you live from studio

via the NASDAQ. Tim Seymour, Carter, Worth, Dan Nathan, and Guy Adami. We start off with

the crypto chill that has gained momentum today. Bitcoin slumping roughly 6%, briefly dipping below

$67,000 its lowest levels in two months.

The token's been nearly cut in half since hitting all-time highs in October when it topped the $126,000 level.

And it's not just Bitcoin.

All coins, Ether and Solana, also firmly lower today, now both down by nearly 40% year-to-date,

all three pacing for their worst first half of the year going back to 2022. The sell-off continuing a day after Michael

Saylor's strategy said it sold a small amount of its Bitcoin holdings, 32 tokens totaling $2.5

million. The only other time the crypto treasury company liquidated part of its

position was back in December of 22 in the wake of the FTX implosion. That's not the biggest

laggard in the NASAC 100 today. Other crypto proxies also getting hit hard, Galaxy Digital down nearly

6%. Coinbase down about 5. Bitcoin miners, riot, Mara, holdings each shed over 3%. So what is the latest rough patch signaling how should investors approach crypto now, Guy? Well, if 32 coins can knock it down, you know, five or six percent, and I don't think it's just that, by the way, but that's obviously a big part of the story. Then you have to wonder, like, how strong is the foundation underneath it? And, you know, without getting into the Bitcoin thing, it feels like it's going to be continuing under pressure. I think they're going to test strategies resolve. We'll see how it plays out. But for me, it came down to, and I've thought this for a while, now seemingly incorrectly, that Bitcoin was an overlay for the sort of the tech trade and the same group of investors,

traders, institutions were in both. Right now, Bitcoin is telling an entirely different story.

The question is, is there vulnerability to the tech trade on back of the weakness in Bitcoin?

Is this chart broken in your view?

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