As the price of Bitcoin dropped over 10% since July 3rd, hitting a low of $53,600 before bouncing back slightly, related stocks in the cryptocurrency market also saw a decline on Friday morning.
- Microstrategy, Inc. (NASDAQ:)
- Coinbase (NASDAQ:)
- Marathon Digital Holdings (NASDAQ:)
- Riot Platforms (NASDAQ:)
- Cipher Mining (NASDAQ:)
- Iris Energy (IREN)
- Hut 8 Mining Corp (HUT)
- Bitfarms (BITF)
- Core Scientific (CORZ)
Analysis: The recent dip in Bitcoin price has affected the overall cryptocurrency market, leading to a decline in related stocks as well. Investors should closely monitor the situation and consider their investment strategies accordingly. It is important to stay informed about market trends and be prepared to make informed decisions to protect their finances in volatile times.