Shares of crypto-related stocks are trading lower amid a pullback in Bitcoin.
Portfolio Pulse from Benzinga Newsdesk
Crypto-related stocks, including MARA and RIOT, are trading lower due to a pullback in Bitcoin prices.
April 15, 2024 | 7:52 pm
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NEGATIVE IMPACT
MARA's stock is trading lower as a result of the pullback in Bitcoin prices.
MARA, being a crypto-related stock, is directly impacted by the fluctuations in Bitcoin prices. The current downturn in Bitcoin has led to a decrease in MARA's stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90
NEGATIVE IMPACT
RIOT's stock is trading lower due to the recent decrease in Bitcoin prices.
RIOT's performance is closely tied to the crypto market, particularly Bitcoin. The current pullback in Bitcoin has negatively affected RIOT's stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90