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TDUX
Oct 07 - 08:55 AM
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Bitcoin - Crypto-Linked Stocks Fall As Bitcoin Hits One-Week Low

By Darshan Kumar  —  Oct 07 - 06:55 AM

• US-listed shares of crypto-linked companies fall premarket as bitcoin touches its lowest level in a week

• Bitcoin down 2.2% to $83,710.93; Ether down 4.5% at $2,578.39

• Cryptocurrency exchange operator Coinbase Global drops 2.5%

• Crypto miners: Riot Platforms Inc and MARA Holdings fall around 2% each

• Hut 8 down 2.7% and Bit Digital marginally down

• Retail trading platform Robinhood Markets declines 2.1%

• Largest corporate holder of bitcoin Strategy slips 3.4%

• Shares of American Bitcoin , backed by two eldest sons of US President Donald Trump, eases 1.6%

• ProShares Bitcoin Strategy ETF and iShares Bitcoin Trust ETF both delines more than 2%

• Including session's moves, BTC down 4.5% YTD, ETH down 13.4% YTD

(Reporting by Darshan Kumar in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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