On Thursday, most cryptocurrency-related stocks fell, with Circle (CRCL.US) dropping nearly 6%, Coinbase (COIN.US) and Robinhood (HOOD.US) falling over 4%, IREN (IREN.US) declining nearly 3%, and Strategy (MSTR.US) dropping nearly 1%.
According to Zhitong Finance APP, on Thursday, most cryptocurrency-related stocks fell, with Circle (CRCL.US) dropping nearly 6%, Coinbase (COIN.US) and Robinhood (HOOD.US) falling over 4%, IREN (IREN.US) declining nearly 3%, and Strategy (MSTR.US) dropping nearly 1%. In terms of news updates, Bitcoin fell 0.57% to $70,893.7, while Ethereum dropped nearly 2% to $2,172.58. Risk assets, including cryptocurrencies, were under pressure due to Israel’s attack on Lebanon potentially disrupting the fragile temporary ceasefire agreement, as well as Iranian media reports stating that the Strait of Hormuz had been closed again.
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