Crypto Shares Fell in Morning Trading, With Coinbase Dropping over 5%

Tiger Newspress01-23

Crypto shares fell in morning trading.

MicroStrategy, Marathon Digital, Riot Blockchain fell over 6%; Coinbase, Canaan fell over 5%; Bit Digital fell over 3%.

Bitcoin tumbles below $40k, lowest since ETF debut.

It's the lowest level since the launch of 11 exchange-traded funds featuring the cryptocurrency earlier this month.

The e-coin's debut on New York exchanges had sparked enthusiasm among fans.

Bitcoin gained around 70% ahead of the launch as traders bet the ETFs would help draw in more everyday investors.

It's now fallen back by around 20%, and some analysts say the slump was always likely.

They note that bitcoin also tumbled following other big crypto events, such as the IPO for major exchange Coinbase.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

SGREIT Champ
01-24
SGREIT Champ
I am one of tge ones caught... but I am watching to average down. I am still optimustic.

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1168753826?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-01-23 22:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1168753826","market":"us","top_or_hot":-1,"title":"Crypto Shares Fell in Morning Trading, With Coinbase Dropping over 5%","media":"Tiger Newspress","content":"<html><head></head><body><p>Crypto shares fell in morning trading.</p><p>MicroStrategy, Marathon Digital, Riot Blockchain fell over 6%; Coinbase, Canaan fell over 5%; Bit Digital fell over 3%.</p><p>Bitcoin tumbles below $40k, lowest since ETF debut.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d04a52c090ee8d96bb0f44841802dfee\" tg-width=\"457\" tg-height=\"519\"/></p><p><br/></p><p>It&#39;s the lowest level since the launch of 11 exchange-traded funds featuring the cryptocurrency earlier this month.</p><p>The e-coin&#39;s debut on New York exchanges had sparked enthusiasm among fans.</p><p>Bitcoin gained around 70% ahead of the launch as traders bet the ETFs would help draw in more everyday investors.</p><p>It&#39;s now fallen back by around 20%, and some analysts say the slump was always likely.</p><p>They note that bitcoin also tumbled following other big crypto events, such as the IPO for major exchange Coinbase.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto Shares Fell in Morning Trading, With Coinbase Dropping over 5%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto Shares Fell in Morning Trading, With Coinbase Dropping over 5%\n</h2>\n\n<h4 class=\"meta\">\n\n2024-01-23 22:51 北京时间&nbsp;&nbsp;&nbsp;<strong>Tiger Newspress</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Crypto shares fell in morning trading.MicroStrategy, Marathon Digital, Riot Blockchain fell over 6%; Coinbase, Canaan fell over 5%; Bit Digital fell over 3%.Bitcoin tumbles below $40k, lowest since ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RIOT","symbol_name":"Riot Platforms","start_time":0,"source_url":"","article_id":"1168753826","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1168753826","pubTimestamp":1706021502,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"Crypto shares fell in morning trading.MicroStrategy, Marathon Digital, Riot Blockchain fell over 6%; Coinbase, Canaan fell over 5%; Bit Digital fell over 3%.Bitcoin tumbles below $40k, lowest since ET","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RIOT":"Riot Platforms","MSTR":"MicroStrategy","MARA":"MARA Holdings","COIN":"Coinbase Global, Inc."},"translate_title":"加密股票在早盘交易中下跌，比特币基地下跌超过5%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COIN":1.1,"MARA":1.1,"MSTR":1.1,"RIOT":1.1},"content_text":"Crypto shares fell in morning trading.MicroStrategy, Marathon Digital, Riot Blockchain fell over 6%; Coinbase, Canaan fell over 5%; Bit Digital fell over 3%.Bitcoin tumbles below $40k, lowest since ETF debut.It's the lowest level since the launch of 11 exchange-traded funds featuring the cryptocurrency earlier this month.The e-coin's debut on New York exchanges had sparked enthusiasm among fans.Bitcoin gained around 70% ahead of the launch as traders bet the ETFs would help draw in more everyday investors.It's now fallen back by around 20%, and some analysts say the slump was always likely.They note that bitcoin also tumbled following other big crypto events, such as the IPO for major exchange Coinbase.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":266327040401696,"gmtCreate":1706056832397,"gmtModify":1706056836676,"author":{"id":"4092886236695250","authorId":"4092886236695250","name":"SGREIT Champ","avatar":"https://static.itradeup.com/news/4e9c43f98c059bde13c61c0fc77dd30f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4092886236695250","idStr":"4092886236695250"},"htmlText":"I am one of tge ones caught... but I am watching to average down. I am still optimustic.","listText":"I am one of tge ones caught... but I am watching to average down. I am still optimustic.","text":"I am one of tge ones caught... but I am watching to average down. I am still optimustic.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266327040401696","repostId":1168753826,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":18,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1168753826"}