Crypto stocks broadly lower with Bitcoin at 1-week lows

Crypto stocks broadly lower with Bitcoin at 1-week lows

Shares in crypto-related companies opened lower on Wednesday, tracking recent declines in Bitcoin, which is now sitting at its lowest level in a week.

Marathon Digital (NASDAQ:), the largest Bitcoin miner, fell 1.5% following the opening bell.

At the same time, CleanSpark (NASDAQ:) slipped 2%, Riot Platforms (NASDAQ🙂 lost 0.6% and Coinbase Global (NASDAQ:) dropped over 1%.

Moreover, shares in Michael Saylor’s MicroStrategy (MSTR) fell around 3%, while Hut 8 Corp (NASDAQ🙂 tumbled more than 5%.

The losses come as Bitcoin fell on Wednesday, deepening losses from the…
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