Microstrategy (MSTR), Coinbase (COIN) and Other Bitcoin-Related Stocks Lower as Bitcoin Falls Back Below $30K

June 7, 2022 6:38 AM EDT

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Bitcoin-related stocks are lower in pre-open trading Tuesday after Bitcoin gave back some recent gains and fell below $30,000. The dollar was stronger against a host of currencies, which could be contributing to today’s weakness. Bitcoin last traded down 5.5% to $29,613.

Bitcoin-related stocks:

Bit Digital (NASDAQ: BTBT) -1.2%
Coinbase (NASDAQ: COIN) -4%
Marathon Digital Holdings (NASDAQ: MARA) -4.9%
Microstrategy, Inc. (NASDAQ: MSTR) -5.6%
Riot Blockchain (NASDAQ: RIOT) -4.2%

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