Seeking Alpha
2021-12-06 15:40:44

Crypto stocks fall after Bitcoin's 15% sell-off over the weekend

Crypto-related stocks such as Marathon Digital (NASDAQ:MARA), MicroStrategy (NASDAQ:MSTR) and Riot Blockchain (NASDAQ:RIOT) start the week off deep in the red following Bitcoin's (BTC-USD) plunge this past weekend. Prior to Monday's bloodbath, crypto stocks still traded in net negative territory going back to Nov. 26, and in the past month, as seen in the charts below. Meanwhile, Bitcoin (BTC-USD) edges higher by 1.7% in the past 24 hours, though well below its all-time high towards the end of October at $69.3K per token, now changing hands at $48.7K. Still, the global crypto market cap also falls 0.5% to $2.24T so far on Monday, down from a bit over $2.6T in the prior week. The crypto slump comes at a time when U.S. growth stocks and other risk assets take a bearish turn following a more hawkish Fed and some disappointing economic data. In addition, "the crypto blowup over the weekend appears to be tied to

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约