Why Bitcoin- And Ethereum-Related Stocks Are Falling

Cryptocurrency-related stocks including Coinbase Global Inc (NASDAQ: COIN), Marathon Digital Holdings Inc (NASDAQ: MARA) and Riot Blockchain Inc (NASDAQ: RIOT) are trading lower Thursday amid a sharp decrease in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

Bitcoin’s move lower seems to be the result of a technical breakdown around the $20,000 level. The crypto decline accelerated after Bitcoin fell …

Full story available on Benzinga.com

By

Leave a Reply

Your email address will not be published. Required fields are marked *