Cryptocurrency-adjacent stocks also endured significant pullback, with miners Marathon Digital (MARA) and Hut 8 (HUT) both recording more than 10% declines. Riot Platforms (RIOT), another BTC miner, sank 8%. Coinbase, the crypto exchange that plays a key role in multiple spot bitcoin ETFs, also saw its stock price drop 6%.
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- Source: https://www.coindesk.com/markets/2024/01/12/btc-tumbles-below-44k-bitcoin-miners-drop-10-boosting-etf-sell-the-news-calls/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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