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Benzinga
Benzinga
Business
Henry Khederian

Why Bitcoin- And Ethereum-Related Stocks MicroStrategy And Riot Blockchain Fell Today

MicroStrategy Riot Blockchain Nasdaq Coinbase Global Coinbase Global Inc MicroStrategy Incorporated Riot Blockchain Inc

Shares of crypto-related stocks, including MicroStrategy Incorporated (NASDAQ:MSTR), Coinbase Global Inc (NASDAQ:COIN) and Riot Blockchain Inc (NASDAQ:RIOT), fell Monday amid a sharp daily and weekly decrease in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

Bitcoin is trading 13.8% lower over the past week at around $39,900 in Monday's after-hours session.

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