** Cryptocurrency and blockchain-related firms drop premarket as bitcoin slides as much as 3.5% to $60,717.96, lowest since Apr 19
** Bitcoin , world's biggest cryptocurrency, recently down 2.8% at $61,181, while Ether off 5.3% to $3,008.37
** This as Asia's first spot bitcoin and ether ETFs make lukewarm Hong Kong debut on Tues
** Crypto exchange Coinbase Global nearly 2%, and blockchain farm operator Bitfarms off 3% before the bell
** Crypto miners fall: Riot Platforms 4%, Marathon Digital 4%, Hut 8 Mining 3%, Bit Digital
~2%
** Shares of software firm and BTC buyer MicroStrategy
tumbles >6% premarket after
swinging to net loss
as it took impairment loss
** BTC mining machine makers Ebang International and Canaan Inc both decline about 4%
** ProShares Bitcoin Strategy ETF off 3% premarket
** With move on Tues, BTC up ~44% YTD
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@thomsonreuters.com lance.tupper@tr.com 1-646-279-6380))
Comments