Crypto-linked shares fell as bitcoin slid to over three-month low
BITO•Crypto- and blockchain-related shares fell in premarket trading as bitcoin dropped 3.7% to $68,866.86, its lowest in three months, and ether slipped 3.9% to $1,937.10. Coinbase fell 2.6%, Strategy 2.5% and Robinhood 2%.
1. Crypto shares slide
Crypto- and blockchain-related firms declined in premarket trading as bitcoin fell 3.7% to $68,866.86, hitting a three-month low, while ether dropped 3.9% to $1,937.10. Crypto miners Riot Platforms and Mara Holdings fell 2.2% and 3.1%, respectively; ProShares Bitcoin Strategy ETF and iShares Bitcoin Trust ETF each lost around 4%.
