Crypto Stocks Slide as Oil Prices Climb to Five-Week High
Crypto-linked stocks fell in pre-market trading on Wednesday, following a broader sell-off in U.S. equities after oil prices rose to a five-week high.
The increase in oil prices, driven by escalating tensions between the U.S. and Iran, pushed Brent crude past $95 a barrel.
Retail sentiment around crypto-linked stocks remained mixed, with some seeing opportunities despite the decline.