Cryptocurrency prices began to pullback overnight, with ether leading the drop. Equities were in the red during the early session, with Block and Silvergate declining. 

Bitcoin was trading at $22,390 by 10:10 a.m. EST, down about 1.6% over the past 24 hours, according to TradingView data. 

Ether slipped below $1,600 as it fell over 4.5%. Cardano's ADA dropped 4.8%, and Polygon's MATIC was down 4.6%.

Dog-themed memecoins experienced a sharp sell-off with Dogecoin and shiba inu down 5.1% and 6.2%, respectively.