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Crypto Stocks Suffer Due to Low Bitcoin Prices and Escalating Hacks and Exploits

Crypto Stocks Suffer Due to Low Bitcoin Prices and Escalating Hacks and Exploits
The shares of companies in the cryptocurrency and blockchain technology sector dropped on Tuesday after the recent crypto exploit involving Curve Finance caused the price of Bitcoin to drop to a six-week low. The shares of the publicly listed crypto mining companies were equally affected.The NASDAQ-listed Coinbase was down 8% at the time of publication, while the shares of Bitfarms have dropped 6% on the daily chart. Similarly, Riot Platforms, Marathon Digital, and the Canadian-listed Hurt 8 h... Read More
Posted: Aug 1 2023, 15:47
Author Name: financemagnates
Views: 102683

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