Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ:MARA), Riot Blockchain Inc (NASDAQ:RIOT) and Coinbase Global, Inc. (NASDAQ: COIN) are all trading lower Thursday morning amid a decrease in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
Bitcoin is trading 5.6% lower Thursday morning at around $39,600.
Ethereum is trading 4.1% lower Thursday morning at around $2,600.
Marathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.
Marathon Digital is trading lower by 5.3% at $24.33 per share.
Riot Blockchain is focused on building, supporting and operating blockchain technologies. The company’s portfolio consists of Verady, Tesspay, Coinsquare and others.
Riot Blockchain is trading lower by 3.6% at $16.24 per share.
Coinbase Global provides financial infrastructure and technology for the cryptoeconomy.
Coinbase is trading lower by 3.3% at $173.02 per share.
See Also: $223M In Crypto Liquidated As Bitcoin Falls To $39,000