According to BIT market data, after the U.S. stock market opened on Friday, cryptocurrency-related stocks generally declined, with Coinbase down 12.29%, BitMine down 7.33%, SharpLink down 5.94%, Strategy down 5.74%, Bullish down 5.49%, Circle down 5.19%, and American Bitcoin down 4.58%.
U.S. crypto-related stocks plunge sharply, Coinbase drops over 12%
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Summary
The crypto market experienced a sharp decline on Friday as U.S. crypto-related stocks fell broadly following the market open. Coinbase dropped 12.29%, BitMine lost 7.33%, and SharpLink fell 5.94%. Other significant declines included Strategy at 5.74%, Bullish at 5.49%, Circle at 5.19%, and American Bitcoin at 4.58%. Traders are closely monitoring crypto analysis for signs of a potential rebound.
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