Stock Track | Bit Digital, Inc. Plummets 6.67% on Tuesday as Bitcoin Falls and Crypto Stocks Decline
Stock Track01-07 23:29
Bit Digital, Inc. (BTBT) shares plunged 6.67% on Tuesday, following the decline in Bitcoin price and other crypto-related stocks.
Bitcoin, the world's largest cryptocurrency, fell below $99,000 and was trading at $98,511 with a 24-hour drop of 3.6%. This dragged down the prices of crypto mining companies and other crypto-related stocks.
Other crypto stocks like Canaan dropped 8%, MicroStrategy fell 7%, Marathon Digital Holdings and Coinbase fell 5%, and Riot Platforms declined 4% in Tuesday's trading session.
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