Cryptocurrency and blockchain-related stocks moved lower on Tuesday as bitcoin extended its losing streak for a third consecutive day. The world’s largest digital currency fell 5.9% to $67,185.38, hitting its weakest level since April 5. Ether also retreated, sliding 4.7% to $1,909.38, a price not observed in more than three months.
Among publicly traded companies tied to the crypto ecosystem, several saw share-price declines. Coinbase Global reported a drop of more than 5% during the trading session. Strategy, a company that carries bitcoin on its balance sheet, plunged 9.6% to its lowest level since mid-April; the firm disclosed on Monday that it had sold $2.5 million of bitcoin.
Retail trading platform Robinhood Markets fell roughly 4% in the session. Mining-focused names also moved lower: Mara Holdings declined about 2%, Bit Digital slid 5%, and Riot Platforms traded down slightly.
The session’s price movements encompassed a range of companies exposed to cryptocurrency price swings - from centralized exchanges and retail brokerages to publicly listed miners and corporates holding bitcoin directly. The losses recorded by these stocks coincided with the declines in the underlying digital-asset prices noted above.
Below are the key market facts reported for the session:
- Bitcoin - down 5.9% to $67,185.38; lowest since April 5.
- Ether - down 4.7% to $1,909.38; lowest in over three months.
- Coinbase Global (COIN) - share price fell more than 5%.
- Strategy (MSTR) - dropped 9.6% to lowest since mid-April; disclosed $2.5 million bitcoin sale on Monday.
- Robinhood Markets (HOOD) - declined approximately 4%.
- Mara Holdings (MARA) - fell 2%.
- Bit Digital (BTBT) - down 5%.
- Riot Platforms (RIOT) - down slightly.
These movements reflect the session’s prices and corporate disclosures as reported. The data above are limited to the specific figures and developments presented for the trading day in question and do not extend beyond the items enumerated.