According to @CNBC, cybersecurity firm F5 (FFIV) is weighing on the S&P 500 (SPX) and is on track for its worst single-day performance in more than three years (source: CNBC). According to @CNBC, the outsized FFIV drawdown is pressuring the index today, making it a notable driver of risk sentiment across U.S. equities (source: CNBC). Crypto traders often monitor U.S. equity drawdowns because Bitcoin (BTC) and equities have shown increasing correlation since 2020, which can make SPX weakness relevant for BTC and ETH positioning (source: IMF 2022 research).