Bitcoin slide to one-week low hits crypto-linked stocks
BUZZ-Bitcoin slide to one-week low hits crypto-linked stocks ** Cryptocurrency and blockchain-related stocks dip on Wednesday after bitcoin drifts to its lowest level in about a week
** Bitcoin BTC= down 2.1% at $81,635.42; Ether ETH= down 3.2% at $2,429.58
** Crypto exchange Coinbase Global COIN.O falls 4.5%; BTC hoarder Strategy MSTR.O drops 5.1%
** Retail trading platform Robinhood Markets HOOD.O slips 7.1%, while Webull BULL.O declines 4.1%
** Crypto miners weaken: Riot Platforms Inc RIOT.O 5.5%, Mara Holdings MARA.O 7%, Bit Digital BTBT.O 8.2%, Hut 8 HUT.O 10.9%
** BTC mining machine maker Canaan CAN.O drops 7.8%, stablecoin issuer Circle Internet CRCL.N falls 6.1%
** ProShares Bitcoin Strategy ETF BITO.P and iShares Bitcoin Trust ETF IBIT.O both down a little lesser than 2%
** Shares of American Bitcoin ABTC.O, backed by the two eldest sons of US President Donald Trump, eases 8.9%
** Ether-linked stocks Bitmine Immersion Technologies BMNR.A and Sharplink Gaming SBET.O slip 4.8% and 7.7%, respectively
** Including the session's moves, BTC down 6.8% YTD, ETH down 18.4% YTD
(Reporting by Darshan Kumar in Bengaluru)