Crypto Stocks Drop, MicroStrategy Down 6%

Tiger Newspress04-30

Bitcoin (BTC) faced selling pressure during European hours after data showed poor uptake for Hong Kong’s newly listed exchange-traded funds tied to bitcoin and ether.

Bitcoin extends losses, drops as much as 4% to session low of $61278.3.

MicroStrategy dropped 6%; Marathon Digital down 4%; CleanSpark dropped 3%; Riot Platforms down 3%; Coinbase dipped 1.5%.

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