Crypto
US Crypto Stocks Plunge as Circle Falls 9%, Ether Slips Below $2,400
Crypto-related stocks in U.S. markets continued to decline on September 15, with Circle (CRCL) leading the pack at a loss of around 9%. Coinbase (COIN) followed closely, dropping 7.41%, while Gemini (GEMI) and SharpLink (SBET) also fell by 7.07% and 7.70% respectively.
The decline in crypto stocks was mirrored in the broader market, with Ether (ETH) slipping below the $2,400 level to a low of $2,398.05 USDT. This represents a loss of 4.33% over the past 24 hours, with losses widening as trading progressed.
The overall weakness in crypto markets has been attributed to various factors, including early session weakness and ongoing market pressures. As a result, investors are advised to remain cautious and closely monitor market developments.