U.S. Stocks in Motion | Cryptocurrency-related stocks weaken; Strategy (MSTR.US) falls over 6%.
Zhitong Finance APP has learned that on Friday, cryptocurrency concept stocks weakened. As of press time, Strategy (MSTR.US) fell more than 6%, Coinbase (COIN.US) plunged more than 12%, and Circle (CRCL.US) fell 8%. On the news front, Binance, the world's largest cryptocurrency exchange, suffered what is suspected to be the largest cryptocurrency hack in history on Thursday, with stolen amounts estimated at between $1.7 billion and $5.7 billion, an incident that shook the entire crypto market. In the cryptocurrency market, Bitcoin plunged more than 4%, falling below $80,000 to $77,815; Ethereum also plunged more than 4% to $2,246.
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