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Benzinga

Business

Henry Khederian

Why Bitcoin- And Ethereum-Related Stocks Are Falling

Nasdaq MARA Marathon Digital Riot Blockchain Coinbase Coinbase Global

Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ:MARA), Riot Blockchain Inc (NASDAQ:RIOT) and Coinbase Global, Inc. (NASDAQ:COIN) are trading lower Friday afternoon amid a decrease in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

Bitcoin is trading 2% lower Friday afternoon at around $40,600.

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