Breaking
U.S. Crypto Stocks Extend Losses; Circle Falls 9%, Coinbase 7%, Ether Slips Below $2,400
Minseung Kang
Summary
- Reports said crypto-related stocks in U.S. markets were extending their losses, while Ether (ETH) also remained weak after falling below the $2,400 level.
- Circle (CRCL) fell about 9%, while Coinbase (COIN) dropped 7.41%, Gemini (GEMI) lost 7.07%, and SharpLink (SBET) declined 7.70%.
- ETH fell below 2,400 USDT and slid to 2,398.05 USDT, down 4.33% over the past 24 hours, with losses widening after early weakness in the session.
U.S.-listed crypto-related stocks extended their declines, while Ether also remained under pressure after slipping below $2,400.
Crypto-focused media outlet BlockBeats reported on September 15 that Circle (CRCL) was down about 9% intraday. Coinbase (COIN) fell 7.41%, Gemini (GEMI) lost 7.07%, BitMine (BMNR) dropped 6.77%, Bullish (BLSH) slid 6.07% and Strategy (MSTR) declined 5.53%. SharpLink (SBET) also fell 7.70%.
The broader crypto market was also weak. Ether fell below 2,400 USDT and slid as low as 2,398.05 USDT, down 4.33% over the past 24 hours.
After opening broadly lower earlier in the session, major crypto-related stocks extended their losses as trading progressed.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.