Why Bitcoin-Related And Ethereum-Related Stocks Are Falling

Benzinga2021-09-20

Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ:MARA) Riot Blockchain Inc and CoinbaseGlobal, Inc. (NASDAQ:COIN) are trading lower amid a decrease in the price of Bitcoin (CRYPTO: BTC) and Ethereum(CRYPTO: ETH).

Bitcoin is trading 4.3% lower at around $43,500 Monday morning.

Ethereum is trading 4.8% lower at around $3,030 Tuesday morning.

Marathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.

Riot Blockchain is focused on building, supporting and operating blockchain technologies. The company's portfolio consists of Verady, Tesspay, Coinsquare and others.

Riot Blockchain is trading lower by 4.86% at $27.88 per share.

Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy.

Coinbase is trading lower by 3.7% at $236.09 per share.

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精彩评论

  • SSVC
    2021-09-21
    SSVC
    Yup Appreciate your response and comments Thanks 
  • Yinmos
    2021-09-21
    Yinmos
    why? explain again?
  • Min_max
    2021-09-20
    Min_max
    this article did not explain why bitcoin and eth are trading lower….
  • PanaCota
    2021-09-20
    PanaCota
    Ok
  • fernandes
    2021-09-20
    fernandes
    Ok
  • whalesun
    2021-09-20
    whalesun
    Why?
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