Cryptocurrency-Related Stocks Decline Broadly as Hut 8 Falls Over 7% in US Trading
Stock News
Yesterday
On Thursday, cryptocurrency-related stocks fell broadly, with Hut 8 (HUT.US) dropping more than 7%, Canaan Inc (CAN.US) falling nearly 5%, SharpLink (SBET.US) declining more than 2%, and Bitmine Immersion Technologies (BMNR.US) slipping nearly 2%.
Strategy (MSTR.US) and Coinbase (COIN.US) each fell more than 3% at one point during intraday trading, though by the time of publication, their losses had narrowed to less than 1%.
The price of Bitcoin also briefly dropped below $82,000 during intraday trading, declining nearly 2% for the day.
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