Crypto-related stocks dip; MicroStrategy down nearly 2%.

Jafar224

Cryptocurrency-related stocks are generally falling, with MicroStrategy dropping nearly 2%. As reported by Jinse Caijing, the U.S. stock market opened slightly higher, with the Dow rising by 0.05%, the Nasdaq up by 0.13%, and the S&P 500 rising by 0.08%. The SEC clarified that it has not yet approved a Bitcoin ETF, causing Bitcoin to briefly fall below $45,000. In response, cryptocurrency-related stocks experienced a general decline, with Marathon Digital and Riot Platforms dropping over 3%, and MicroStrategy falling nearly 2%.

Isha000

The speed of the decline is indeed quite fast.

Janak9955

Does this have anything to do with the listing of that particular thing?

Ritu13

The drop is quite significant in this case.

Yamini003

That's a considerable loss.