Crypto stocks slip after Bitcoin hits more than 5-week low
21/06/2024 11:14
** Shares of cryptocurrency and blockchain-related companies
fall in US premarket trade
** Bitcoin BTC= hits more than 5-week low; last down 1.4%
at $64,130
** Crypto exchange Coinbase Global COIN.O falls 1.8%,
while blockchain farm operator Bitfarms Ltd BITF.O drops 3.5%
** Crypto miners Riot Platforms RIOT.O and Marathon
Digital MARA.O down 1.6% and 2.1%, respectively
** U.S.-listed shares of Hut 8 HUT.O down 3.4%, and Bit
Digital BTBT.O down 1%
** Software firm and BTC buyer MicroStrategy MSTR.O
declines 2.2%
** ProShares Bitcoin Strategy ETF BITO.P falls 1.3%
** Bitcoin prices are still up ~60% YTD
(Reporting by Pranav Kashyap in Bengaluru)
((Pranav.Kashyap@thomsonreuters.com;))