Coinbase, MicroStrategy, Other Bitcoin-Exposed Stocks Tank Amid Crypto Meltdown
Shares of MicroStrategy and Coinbase collapsed during premarket trading on Monday as the price of Bitcoin fell below $24,000.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Solana Labs launches Leap trading app for tokenized stocks, ETFs and crypto
Leap's launch could enhance Solana's ecosystem by integrating diverse assets, potentially increasing SOL's value through buybacks...
Solana Labs’ Leap Launches Mobile App for Trading Tokenized Stocks and Crypto
Leap, built by the team behind Dialect, launched a beta iPhone app for trading tokenized stocks, ETFs, metals, currencies and cryp...
Tokenized stock trading volume hits $1.11B as tech stocks plunge
The surge in tokenized stock trading amid tech selloff highlights growing investor interest in blockchain markets, potentially res...
Bitcoin, crypto stocks caught in AI trade meltdown, but Wintermute trader sees 'glass half full'
The post-election rally quickly reversed as AI stocks plunged, but cryptocurrencies held up relatively better despite a $1 billion...
Bitcoin Slides to a Seven-Week Low Near $75,200 as AI Stocks Drag Wall Street Lower
Bitcoin fell about 5.9% in the 24 hours to 3 a.m. ET Friday, sliding from about $80,360 to $75,620 on Binance as a selloff in arti...
Kalshi, Coinbase stock perps under threat ahead of CFTC deadline
Tomorrow will be a climactic moment in a competitive battle between the Chicago Board Options Exchange (CBOE), Kalshi, and Coinbas...