Cryptocurrency Stocks Decline as Bitcoin Falls Over 1.9%

Cryptocurrency-related stocks experienced a decline recently. Canaan (CAN) dropped more than 4.6%, Riot Platforms (RIOT) fell over 5%, CleanSpark (CLSK) decreased by more than 6.4%, Bit Digital (BTBT) dropped over 6.8%, and Coinbase (COIN, Financial) saw a decline of over 7.8%.

Bitcoin's value also dropped by more than 1.9%, trading at $62,555.60 per coin.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.