Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

Ethereum Price Rebounds Above $4,477 as Odds of a Sep Rate Rut Spikes to ATH  of 85%

September 3, 2025

Acurast Launches ‘Staked Compute’ to Challenge AWS, Azure and Google Cloud with Decentralized Smartphone Network

September 3, 2025

Bitcoin Price Rebounds Above $112k, Analyst Says Bottom is In Ahead of Q4 Rally

September 3, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

MSTR, COIN, RIOT and other crypto stocks down as Bitcoin dips

0
By Aggregated - see source on April 30, 2024 Crypto News
Share
Facebook Twitter LinkedIn Pinterest Email
  • MicroStrategy stock was down 10% on Tuesday, while Coinbase and other crypto stocks also dumped.
  • Bitcoin price traded to lows of $60,600 before seeing a slight recovery.

MicroStrategy, Coinbase, Riot Platforms and Marathon Digital stocks are among crypto-related stocks seeing downside pressure amid Bitcoin’s price struggles.

MicroStrategy stock dumps 10%

Coinbase’s COIN was down 3% in early trading on Tuesday, hovering around $211.74 while MicroStrategy’s MSTR stock had dumped over 10% to $1,152. The share price of the Michael Saylor led company has declined more than 29% in the past 30 days.

Today’s double-digit dump for the MicroStrategy stock price comes a day after the company reported a net loss in Q1.

Despite the impairment loss, the BTC buying software intelligence firm reported adding more coins to its holdings. That includes the 122 BTC the company acquired for $7.8 million in April to bring its total haul to 214,400 BTC.

As BTC struggles, mining stocks see red

Bitcoin price has struggled since its recent halving and traded near $60k on Tuesday.

The declines came as spot ETF volumes fell, with Hong Kong’s debut of its spot BTC and spot ETH exchange-traded funds seeing volumes and assets that were much lower than anticipated in the days leading to their launch.

Read more here: BTC slips amid tough debut for Hong Kong spot ETFs

Crypto stocks that surged in the pre-halving rally are also seeing a retreat. BTC mining stocks Marathon Digital (MARA), Riot Platforms (RIOT) and Bitfarms (BITF) are all down between 4% and 6% in Tuesday trading.

Hut 8 Corp (HUT) and HIVE Digital (HIVE) are also down today, with their stock prices shedding 4% each. Elsewhere, Bitcoin mining machine maker Ebang International (EBON) was just in the green at +1%, while its competitor Canaan Inc (CAN) traded at -6%.


Share this article

Categories

Tags



Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Blockchain And Provably Fair Dice Game

September 3, 2025

Atua AI Develops Real-Time Control Models to Enhance Protocol-Level Coordination

September 3, 2025

Kwarden Token – Best Crypto of 2025 and why FOMO is Real

September 3, 2025
Leave A Reply Cancel Reply

What's New Here!

Ethereum Price Rebounds Above $4,477 as Odds of a Sep Rate Rut Spikes to ATH  of 85%

September 3, 2025

Acurast Launches ‘Staked Compute’ to Challenge AWS, Azure and Google Cloud with Decentralized Smartphone Network

September 3, 2025

Bitcoin Price Rebounds Above $112k, Analyst Says Bottom is In Ahead of Q4 Rally

September 3, 2025

Can XRP Price Hit $100? Analyst Zach Rector Breaks Down the Math

September 3, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.