Crypto
Cryptocurrency Stocks Weaken as Bitcoin Breaks Below $78,000
Cryptocurrency-related stocks took a hit at the open on Thursday, reflecting broader market weakness. MARA Holdings (MARA.US) led the decline, dropping nearly 5%.
Other notable losers included CleanSpark (CLSK.US), down over 3%, and Strategy (MSTR.US), Circle (CRCL.US), and Coinbase (COIN.US), each of which fell more than 2%. Robinhood (HOOD.US) slipped by about 1%
The decline in cryptocurrency-related stocks mirrored the performance of Bitcoin, which plummeted 2% to break below the $78,000 level. Ethereum also fell sharply, dropping over 2% to trade at $2,432.