Cryptocurrency-Related Stocks Experience Broad Declines in Thursday's Early Trading

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Cryptocurrency-Related Stocks Experience Broad Declines in Thursday's Early Trading

Deep News02-05

U.S. stocks tied to the cryptocurrency sector saw widespread declines during Thursday's early session. Coinbase Global, Inc. fell by 7.7%, while Strategy experienced a sharp drop of 12.1%. The downturn was influenced by broad risk-off sentiment and large-scale liquidations in the cryptocurrency market, with Bitcoin falling below $68,000 during the morning, marking a daily decline of 7.17%.

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