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Strategy Leads Crypto-Linked Stocks Lower With 6.76% Drop
Coinbase, Circle and Bitdeer also fell during midday U.S. trading, extending losses across crypto-related equities.
Strategy (MSTR) led a broad decline among crypto-linked U.S. stocks during midday trading Wednesday, falling 6.76% as losses spread across the group.
Coinbase (COIN) dropped 5.63%, while Circle (CRCL) and Bitdeer (BTDR) each declined 5.08%. Most of the crypto-related stocks tracked during the session moved lower.
The declines put crypto-focused equities under pressure alongside Strategy during the U.S. session on Oct. 7.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.