As a major cryptocurrency exchange, Coinbase Global Inc.'s stock price is closely tied to the performance of cryptocurrencies, especially Bitcoin. A decrease in Bitcoin's value typically leads to a decrease in trading volumes and potentially lower revenues for Coinbase, thus negatively impacting its stock price.

Hut 8 Mining Corp., being a cryptocurrency mining company, directly depends on the price of Bitcoin for its profitability. A decrease in Bitcoin's price can lead to reduced margins and profitability for the company, thus negatively affecting its stock price.

Marathon Digital Holdings Inc., a digital asset technology company that mines cryptocurrencies, is impacted by the price of Bitcoin. A lower Bitcoin price can negatively affect the company's mining revenue and profitability, leading to a decrease in its stock price.

Riot Blockchain Inc., which is involved in cryptocurrency mining, is directly affected by the fluctuations in Bitcoin's price. A decrease in the price of Bitcoin can lead to lower mining revenues and affect the company's profitability, thus negatively impacting its stock price.