Crypto-linked shares weaken as bitcoin slides to two-week low
BUZZ-Crypto-linked shares weaken as bitcoin slides to two-week low ** US-listed shares of crypto-linked companies slip premarket as bitcoin, the world's largest cryptocurrency, falls to a nearly two-week low
** Bitcoin BTC= slips 1.8% to $81,926.8, ether ETH= drops 2.2% to $2,515.26
** Bitcoin is on track for a fourth straight session of losses
** Cryptocurrency exchange operator Coinbase Global COIN.O drops 2.2%
** Crypto miners also lose ground: Riot Platforms Inc RIOT.O, MARA Holdings MARA.O and Bit Digital BTBT.O fall between 4.5 and 5.5%
** Shares of American Bitcoin ABTC.O, backed by the two eldest sons of President Donald Trump, eases 2.3%; ABTC is a majority-owned subsidiary of Hut 8 HUT.O, which is down 4.3%
** Retail trading platform Robinhood Markets HOOD.O declines 3.6%
** Largest corporate holder of bitcoin, Strategy MSTR.O, slips 2.8%
** iShares Bitcoin Trust ETF IBIT.O and ProShares Bitcoin Strategy ETF BITO.P both decline around 1.6%
** Ether-linked stocks Bitmine Immersion Technologies BMNR.A and Sharplink Gaming SBET.O slips 3% and 3.7%, respectively
** Including session's moves, BTC down 6.3% YTD, ETH down about 15.4% YTD
(Reporting by Darshan Kumar in Bengaluru)