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Stock Track | Marathon Digital Holdings Plunges as Bitcoin Slump Weighs on Crypto Stocks

Stock Track10-22

Shares of Marathon Digital Holdings Inc (NASDAQ: MARA), a crypto mining company, plummeted by 5.27% on October 21, 2024, mirroring the broader downtrend in the cryptocurrency market.

The decline in MARA's stock price can be attributed to the recent slump in Bitcoin's value. Bitcoin, the world's leading digital asset, has lost substantial gains over the past few weeks, with its price dropping from a record high of around $73,750 in March to currently trading around $67,137, down 2.05% in the last 24 hours.

As Bitcoin's price outlook remains tempered, the ripple effect has hit hard on crypto stocks, including Marathon Digital Holdings. Other crypto-related stocks like Coinbase (COIN), MicroStrategy (MSTR), Bitfarms, Riot Platforms, and Hut 8 Corp also experienced significant declines in their stock prices, ranging from 2.4% to 5% in the past 24 hours.

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.

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Kiwiowl
·10-22
What a rubbish article.
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Bitcoin, the world's leading digital asset, has lost substantial gains over the past few weeks, with its price dropping from a record high of around $73,750 in March to currently trading around $67,137, down 2.05% in the last 24 hours.</p>\n\n<p>As Bitcoin's price outlook remains tempered, the ripple effect has hit hard on crypto stocks, including Marathon Digital Holdings. 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Other crypto-related stocks like Coinbase (COIN), MicroStrategy (MSTR), Bitfarms, Riot Platforms, and Hut 8 Corp also experienced significant declines in their stock prices, ranging from 2.4% to 5% in the past 24 hours.</p>","source":"ai_movement_en","collect":0,"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>Stock Track | Marathon Digital Holdings Plunges as Bitcoin Slump Weighs on Crypto Stocks</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\">\nStock Track | Marathon Digital Holdings Plunges as Bitcoin Slump Weighs on Crypto Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2024-10-22 08:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Marathon Digital Holdings Inc (NASDAQ: MARA), a crypto mining company, plummeted by 5.27% on October 21, 2024, mirroring the broader downtrend in the cryptocurrency market.</p>\n\n<p>The decline in MARA's stock price can be attributed to the recent slump in Bitcoin's value. Bitcoin, the world's leading digital asset, has lost substantial gains over the past few weeks, with its price dropping from a record high of around $73,750 in March to currently trading around $67,137, down 2.05% in the last 24 hours.</p>\n\n<p>As Bitcoin's price outlook remains tempered, the ripple effect has hit hard on crypto stocks, including Marathon Digital Holdings. Other crypto-related stocks like Coinbase (COIN), MicroStrategy (MSTR), Bitfarms, Riot Platforms, and Hut 8 Corp also experienced significant declines in their stock prices, ranging from 2.4% to 5% in the past 24 hours.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MARA":"Marathon Digital Holdings Inc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137950902","content_text":"Shares of Marathon Digital Holdings Inc (NASDAQ: MARA), a crypto mining company, plummeted by 5.27% on October 21, 2024, mirroring the broader downtrend in the cryptocurrency market.\nThe decline in MARA's stock price can be attributed to the recent slump in Bitcoin's value. Bitcoin, the world's leading digital asset, has lost substantial gains over the past few weeks, with its price dropping from a record high of around $73,750 in March to currently trading around $67,137, down 2.05% in the last 24 hours.\nAs Bitcoin's price outlook remains tempered, the ripple effect has hit hard on crypto stocks, including Marathon Digital Holdings. Other crypto-related stocks like Coinbase (COIN), MicroStrategy (MSTR), Bitfarms, Riot Platforms, and Hut 8 Corp also experienced significant declines in their stock prices, ranging from 2.4% to 5% in the past 24 hours.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}