Bitcoin Miners Lead Wall Street's Crypto Sell-Off: Why Are They Falling Hardest?
Bitcoin sank to about $68,000 on Friday. That is its lowest price since August. US stocks tied to the coin went down with it. The companies that mine new Bitcoin took the worst hit. Hut 8 dropped 6%. Riot Platforms and MARA Holdings each lost 3.9%. Coinbase, the largest US crypto exchange, slipped just 0.5%. The post Bitcoin Miners Lead Wall Street's Crypto Sell-Off: Why Are They Falling Hardest? appeared first on BeInCrypto.
Key Takeaways
- Bitcoin sank to about $68,000 on Friday.
- That is its lowest price since August.
- US stocks tied to the coin went down with it.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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