$66,754.94
+0.58%
$3,232.80
+1.25%
$84.94
-0.97%
$31.42
-0.03%
$122.81
-0.67%
$0.00
-21.15%
$28.15
-0.62%
$0.16
+0.85%
$23.99
-0.15%
$0.00
-3.38%

BUZZ Crypto stocks slip as bitcoin briefly slides below $40,000


** Shares of cryptocurrency and blockchain-related firms fall after bitcoin briefly slides below $40,000 to a 5-month low

** The world’s largest digital asset was last down 2.6% at $40,800 after falling to as low as $39,558.70 on Monday

** Ether also falls as much as 7.2% to $2,926, its lowest since Sept. 30, 2021

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** U.S.-listed miners Bit Digital (BTBT.O), Hut 8 Mining Corp , Marathon Digital Holdings (MARA.O) and Riot Blockchain (RIOT.O) down between 2.3% and 5.4%

** Blockchain farm operator Bitfarms slips 2.8%, while online retailer and blockchain tech investor Overstock.com Inc (OSTK.O) falls 1.9%

** The Nasdaq crypto index (.NCID) which tracks a basket of digital assets, slides 2.9%; ProShares Bitcoin Strategy ETF , the first U.S. bitcoin futures ETF, drops 3.2%

** MicroStrategy (MSTR.O), a BTC buyer and business intelligence software firm, dips 4.6%; crypto exchange Coinbase Global (COIN.O) drops 6.6%

** Bitcoin mining machine makers Ebang International (EBON.O) and Canaan Inc (CAN.O) off 9.3 and 2.5%, respectively

** China-based SOS slumps 4%; crypto bank Silvergate Capital Corp (SI.N) plunges 7.1%

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Reporting by Devik Jain in Bengaluru

Our Standards: The Thomson Reuters Trust Principles.



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