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

Hut 8

22/09/2026 11:37

** 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))