Crypto-linked stocks fall as bitcoin slides ahead of Clarity Act vote, Fed decision
COIN•Year-to-date moves
As of last close, BTC was down 12.4% year to date, and ETH was down 17%.
Bitcoin and ether weaken
Bitcoin BTC=, the world's biggest cryptocurrency, was down 2.9% at $76,833.83, while Ether ETH= fell 3.8% to $2,471.74.
Companies and funds trading lower
- Crypto exchange Coinbase Global COIN.O fell 4.7%.
- Crypto miners Riot Platforms Inc RIOT.O, MARA Holdings MARA.O, Hut 8 HUT.O, and Bit Digital BTBT.O were down between 1.6% and 2.2%.
- BTC buyer Strategy MSTR.O slipped 4.5%.
- BTC mining machine maker Canaan Inc CAN.O fell 5%.
- ProShares Bitcoin Strategy ETF BITO.P fell 2.8%.
