Shares of crypto-linked stocks are trading lower after Bitcoin fell below $50,000.
Portfolio Pulse from Benzinga Newsdesk
Shares of crypto-linked stocks are trading lower after Bitcoin fell below $50,000.
August 05, 2024 | 10:59 am
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NEGATIVE IMPACT
BITF shares are trading lower due to Bitcoin falling below $50,000.
BITF is closely linked to Bitcoin prices. A drop in Bitcoin typically leads to a decline in BITF's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
CLSK shares are trading lower due to Bitcoin falling below $50,000.
CLSK is closely linked to Bitcoin prices. A drop in Bitcoin typically leads to a decline in CLSK's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
COIN shares are trading lower due to Bitcoin falling below $50,000.
COIN is closely linked to Bitcoin prices. A drop in Bitcoin typically leads to a decline in COIN's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
HIVE shares are trading lower due to Bitcoin falling below $50,000.
HIVE is closely linked to Bitcoin prices. A drop in Bitcoin typically leads to a decline in HIVE's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
MARA shares are trading lower due to Bitcoin falling below $50,000.
MARA is closely linked to Bitcoin prices. A drop in Bitcoin typically leads to a decline in MARA's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
MSTR shares are trading lower due to Bitcoin falling below $50,000.
MSTR is closely linked to Bitcoin prices. A drop in Bitcoin typically leads to a decline in MSTR's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
RIOT shares are trading lower due to Bitcoin falling below $50,000.
RIOT is closely linked to Bitcoin prices. A drop in Bitcoin typically leads to a decline in RIOT's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80