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ABTC — American Bitcoin News Story

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Crypto-linked stocks slide as bitcoin retreats from eight-month high

BUZZ-Crypto-linked stocks slide as bitcoin retreats from eight-month high

** US-listed shares of cryptocurrency and blockchain-related companies fall as bitcoin BTC= and ethereum ETH= slip

** Bitcoin, the world's biggest cryptocurrency, falls 1.28% from a near eight-month high to $85,858.8; ether down 1.59% at $2739.5

** Crypto exchange Coinbase Global COIN.O falls 1.7%

** Crypto miners: Riot Platforms Inc RIOT.O, MARA Holdings MARA.O, Hut 8 HUT.O and Bit Digital BTBT.O down between 0.5% and 2.5%

** Trading platform Robinhood Markets HOOD.O down 1.1%

** BTC buyer Strategy MSTR.O slips 1.7%

** BTC mining machine makers Canaan Inc CAN.O and Ebang International EBON.O down 1.8 and 4.1% respectively.

** ProShares Bitcoin Strategy ETF BITO.P falls 0.8%

** iShares Bitcoin Trust ETF IBIT.O down 0.7%

** Including session's moves, BTC down 2.1% YTD, ETH down 8.1% YTD



(Reporting by Darshan Kumar in Bengaluru)

((darshan.kumar@thomsonreuters.com))

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