Strategy, BitMine, and Robinhood stock prices fall to monthly lows, with Bitcoin dropping to its lowest level since March 2.

robot
Abstract generation in progress

Odaily Planet Daily News: Bitcoin fell to its lowest price since March 2 on Friday, at $65,720. The recent trading price is about $65,804, with a daily drop of more than 4%. Ethereum fell about 4% to $1,980, Solana fell 5% to below $83, and BNB fell 3% to $608. According to CoinGlass data, in the past 24 hours, more than $500 million in crypto positions were liquidated, with nearly 90% being long positions.

Strategy, the largest corporate Bitcoin holder, holds about $5 billion worth of Bitcoin. Its stock MSTR fell more than 5% during the day, dipping below $124 intraday and hitting a new low in the past month. BitMine Immersion Technologies (BMNR), the publicly listed company with the largest Ethereum holdings, touched a monthly low of $18.42 intraday, with a daily drop of more than 4%. Crypto and stock trading platform Robinhood (HOOD) also fell to a monthly low; its trading price is slightly above $66. It has declined more than 11% over the past month and more than 50% over the last six months.

All three major U.S. stock indexes fell in tandem: the Nasdaq dropped 1.5%, while the S&P 500 and the Dow each fell by about 1%. After the close on Thursday, the U.S. President said he would pause plans to strike Iran’s energy facilities, but Israel later said it would “upgrade” its attacks on Iran after suffering a missile strike. On the prediction market platform Myriad, users currently believe the probability that Bitcoin’s next target is $55,000 rather than $84,000 is 64%.

BTC-3.73%
ETH-3.49%
SOL-4.41%
BNB-2.73%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin