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Crypto Stocks Fell in Morning Trading, with Coinbase Stock Dropping over 15%

Tiger Newspress2022-05-12

Crypto Stocks Fell in Morning Trading, with Coinbase Stock Dropping over 15%.

Riot Blockchain, Marathon Digital, Block and SOS Limited fell between 1% and 7%.

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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Comment17

  • vlcs
    ·2022-05-13
    Ok
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  • PearlynCSY
    ·2022-05-13
    More than $200 billion erased from entire crypto market in a day as sell-off intensifies. The price of bitcoin plunged below $26,000 on Thursday, hitting its lowest level in 16 months. Ether, the second-biggest digital currency, tanked below $2,000 per coin. The collapse of stablecoin terraUSD has led to fears of a broader market contagion. Investors are fleeing from cryptocurrencies at a time when stock markets have plunged from the highs of the coronavirus pandemic on fears over soaring prices and a deteriorating economic outlook. U.S. inflation data out Wednesday showed prices for goods and services jumping 8.3% in April, higher than expected by analysts and close to the highest level in 40 years.
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  • andrew123
    ·2022-05-13
    Like 
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  • vaicrazy
    ·2022-05-13
    Ok
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  • N00b
    ·2022-05-13
    Ok
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  • Michane
    ·2022-05-12
    Fall till no bottom!
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  • Kel9670ong
    ·2022-05-12
    Omg coinbase down until no eye to see
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  • darrenlsw
    ·2022-05-12
    Would it go lower
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  • PC21
    ·2022-05-12
    Everyone one is bailing out?
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  • KYBoo
    ·2022-05-12
    Goof
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  • KYBoo
    ·2022-05-12
    Hoog
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  • Toby_Chua
    ·2022-05-12
    Racing downward to zero?
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  • T0000024852
    ·2022-05-12
    Hi
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  • Hk01
    ·2022-05-12
    Ok
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  • SteadyDoesIt
    ·2022-05-12
    Short crypto 
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  • TanHY
    ·2022-05-12
    ,,🤞🏻
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  • iuhnaij
    ·2022-05-12
    Siao liao. 
    Reply
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