Cryptocurrency Stocks Dropping Following Bitcoin, Digital Currencies
May 09 2022 - 10:07AM
Dow Jones News
By Chris Wack
Riot Blockchain Inc. shares fell 12% to $8.41 as the price of
Bitcoin and other digital currencies dropped.
Shares of Marathon Digital Holdings were also down, falling 10%
to $13.52 in midmorning trade.
Bit Digital Inc. shares were down 10% to $1.72, and BIT Mining
Ltd. was down 8% to $1.36.
Cryptocurrencies were led lower by a drop in Bitcoin, which was
down 5% at 10:25 a.m. ET at $32,795.37. Ethereum was down 5% to
$2,387.12, and Litecoin was down 7% to $86.86.
Bitcoin Cash was down 7% to $243.22.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
May 09, 2022 10:52 ET (14:52 GMT)
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