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Business

Adam Eckert

Why Bitcoin- And Ethereum-Related Stocks Are Sliding

Nasdaq Ethereum Bitcoin Crypto Marathon Digital blockchain Coinbase Coinbase Global Inc Marathon Digital Holdings, Inc Riot Blockchain

Cryptocurrency-related stocks, including Coinbase Global Inc (NASDAQ:COIN), Marathon Digital Holdings Inc (NASDAQ:MARA) and Riot Blockchain Inc (NASDAQ:RIOT) are trading lower Tuesday amid a decrease in crypto prices, led by Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

The crypto markets have been tracking Nasdaq performance closely over the last few months. The Nasdaq is leading the markets lower Tuesday as concerns over future Fed rate hikes have weighed on growth stocks.

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