Hive Blockchain (HIVE), Marathon Digital (MARA) and Hut 8 Mining (HUT) led the group downward, with each falling at least 14%. Shares of crypto exchange Coinbase (COIN) were down about 10%, while MicroStrategy (MSTR), a software company that holds billions of dollars worth of bitcoin, fell over 10%.
Bitcoin (BTC) Price Is In a ‘Bore to Death’ Phase. When Will the BTC Rally Resume?
The current period resembles the action from April through September of 2023 when bitcoin was stuck in the $25,000-$30,000 range...