Why Bitcoin- And Ethereum-Related Stocks MicroStrategy And Riot Blockchain Fell Today

April 12, 2022 Editor Blockchain 0

Shares of crypto-related stocks, including MicroStrategy Incorporated MSTR, Coinbase Global Inc COIN and Riot Blockchain Inc RIOT, fell Monday amid a sharp daily and weekly decrease in the price of Bitcoin BTC/USD and Ethereum ETH/USD.

Bitcoin is trading 13.8% lower over the past week at around $39,900 in Monday’s after-hours session.

Ethereum is trading 14.5% lower over the past week at around $3,000 in Monday’s after-hours session.

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MicroStrategy is a provider of enterprise analytics and mobility software.

MicroStrategy fell by 3.72% to $436.39 Monday.

Riot Blockchain is focused on building, supporting and operating blockchain technologies.

Riot Blockchain fell by 4.62% at $15.91 Monday.

Coinbase Global fell 4.39% to $153.87.