Why Bitcoin-Related And Ethereum-Related Stocks Are Falling

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Why Bitcoin-Related And Ethereum-Related Stocks Are Falling

Benzinga2021-09-20

Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ:MARA) Riot Blockchain Inc and CoinbaseGlobal, Inc. (NASDAQ:COIN) are trading lower amid a decrease in the price of Bitcoin (CRYPTO: BTC) and Ethereum(CRYPTO: ETH).

Bitcoin is trading 4.3% lower at around $43,500 Monday morning.

Ethereum is trading 4.8% lower at around $3,030 Tuesday morning.

Marathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.

Riot Blockchain is focused on building, supporting and operating blockchain technologies. The company's portfolio consists of Verady, Tesspay, Coinsquare and others.

Riot Blockchain is trading lower by 4.86% at $27.88 per share.

Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy.

Coinbase is trading lower by 3.7% at $236.09 per share.

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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Comment（11）

SSVC
·2021-09-21
Yup Appreciate your response and comments Thanks
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- SSVC:
  [Strong][ShakeHands]
  2021-09-23
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- SSVC:
  [Strong][ShakeHands]
  2021-09-22
  Reply
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- GabrielOr:
  ok
  2021-09-22
  Reply
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Yinmos
·2021-09-21
why? explain again?
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Min_max
·2021-09-20
this article did not explain why bitcoin and eth are trading lower….
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1
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PanaCota
·2021-09-20
Ok
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3
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fernandes
·2021-09-20
Ok
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2
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whalesun
·2021-09-20
Why?
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2
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Yinasim
·2021-09-20
But why?
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- Min_max:
  precisely, no answer lol
  2021-09-20
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- Yingss:
  Idk
  2021-09-20
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- AllanLaw7878:
  O
  2021-09-20
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Gabe69
·2021-09-20
Ur article didn’t explain shit
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FanHua
·2021-09-20
Its volatile but fundamentally intact for long term.It is ok to place % of asset in this.
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zxl2021
·2021-09-20
there is no fundamental
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- Lucky03:
  agree
  2021-09-20
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- Rteo:
  ExactlY
  2021-09-20
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- terry89:
  oo
  2021-09-20
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Blackk
·2021-09-20
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Appreciate your response and comments 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explain again?","listText":"why? explain again?","text":"why? explain again?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860870605","repostId":1168203953,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":860815920,"gmtCreate":1632151580760,"gmtModify":1676530713072,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"htmlText":"this article did not explain why bitcoin and eth are trading lower….","listText":"this article did not explain why bitcoin and eth are trading lower….","text":"this article did not explain why bitcoin and eth are trading lower….","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860815920","repostId":1168203953,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":860897324,"gmtCreate":1632150377868,"gmtModify":1676530712483,"author":{"id":"3581588474178431","authorId":"3581588474178431","name":"PanaCota","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581588474178431","idStr":"3581588474178431"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860897324","repostId":1168203953,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":860802701,"gmtCreate":1632149624703,"gmtModify":1676530712038,"author":{"id":"4089969261759080","authorId":"4089969261759080","name":"fernandes","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4089969261759080","idStr":"4089969261759080"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860802701","repostId":1168203953,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":860803278,"gmtCreate":1632149394694,"gmtModify":1676530711958,"author":{"id":"3583876359478909","authorId":"3583876359478909","name":"whalesun","avatar":"https://static.tigerbbs.com/d61a14d388ef5fb7c7c3d9f9b55406a1","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3583876359478909","idStr":"3583876359478909"},"htmlText":"Why?","listText":"Why?","text":"Why?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860803278","repostId":1168203953,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":860159406,"gmtCreate":1632147421305,"gmtModify":1676530711065,"author":{"id":"3585236324784959","authorId":"3585236324784959","name":"Yinasim","avatar":"https://community-static.tradeup.com/news/fe636395860151da4253481e4a32fd0d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3585236324784959","idStr":"3585236324784959"},"htmlText":"But why?","listText":"But why?","text":"But why?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/860159406","repostId":1168203953,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5936207,"gmtCreate":1632151603781,"gmtModify":1663234167249,"authorId":3585869414507662,"author":{"id":3585869414507662,"idStr":"3585869414507662","authorId":3585869414507662,"name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":860159406,"type":1,"supId":0,"prevId":0,"content":"precisely, no answer lol","text":"precisely, no answer lol","html":"precisely, no answer lol"},{"id":5935655,"gmtCreate":1632148977713,"gmtModify":1663234164834,"authorId":4088740761321260,"author":{"id":4088740761321260,"idStr":"4088740761321260","authorId":4088740761321260,"name":"Yingss","avatar":"https://static.tigerbbs.com/894d139a4a25cb23d0d187e213ac0a10","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 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article didnt answer the Q ?","text":"Yah article didnt answer the Q ?","html":"Yah article didnt answer the Q ?"}],"langContent":"EN"},{"id":860125690,"gmtCreate":1632147217210,"gmtModify":1676530710958,"author":{"id":"4090828992061010","authorId":"4090828992061010","name":"Gabe69","avatar":"https://static.tigerbbs.com/931cbad22987d8cb715b1bca528550d7","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"4090828992061010","idStr":"4090828992061010"},"htmlText":"Ur article didn’t explain shit","listText":"Ur article didn’t explain shit","text":"Ur article didn’t explain shit","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860125690","repostId":1168203953,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":860164531,"gmtCreate":1632146767723,"gmtModify":1676530710736,"author":{"id":"4088937375410670","authorId":"4088937375410670","name":"FanHua","avatar":"https://static.tigerbbs.com/a3759d366325d2c04a4f3d20422aedb8","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"4088937375410670","idStr":"4088937375410670"},"htmlText":"Its volatile but fundamentally intact for long term.It is ok to place % of asset in this.&nbsp;","listText":"Its volatile but fundamentally intact for long term.It is ok to place % of asset in this.&nbsp;","text":"Its volatile but fundamentally intact for long term.It is ok to place % of asset in 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