Shares of crypto-related stocks, including Coinbase Global Inc (NASDAQ:COIN) and Marathon Digital Holdings Inc (NASDAQ:MARA), are trading lower Friday morning amid ongoing weakness in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
Bitcoin is trading 2.87% lower Friday morning at around $29,300.
Ethereum is trading 2.72% lower Friday morning at around $1,950.
Coinbase is the leading cryptocurrency exchange platform in the United States.
Coinbase is trading lower by 3.75% at $64.93 per share.
Marathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets.
Marathon Digital is trading lower by 6.28% at $9.70 per share.
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