BUZZ-Crypto stocks fall tracking bitcoin weakness

Reuters

01-27

BUZZ-Crypto stocks fall tracking bitcoin weakness

** Shares of cryptocurrency and blockchain-related companies fall premarket, as Bitcoin falls below $100,000

** Bitcoin BTC=, the world's biggest cryptocurrency, down about 6.3% to $98,547, while Ether ETH= falls 8.4% to $3050

** Crypto exchange Coinbase Global COIN.O falls 6.9%, while Blockchain farm operator Bitfarms Ltd BITF.O down about 4%

** Crypto miners: Riot Platforms Inc RIOT.O, MARA Holdings MARA.O, U.S.-listed shares of Hut 8 HUT.O, and Bit Digital BTBT.O down between 9.7% to 6.4%

** BTC buyer MicroStrategy MSTR.O declines 6.7%

** Canaan Inc CAN.O down 5.3%

** ProShares Bitcoin Strategy ETF BITO.O falls 5.9%

** U.S. President Donald Trump signed executive order last week creating a new working group to draw up crypto regulations, and explore the creation of a U.S. cryptocurrency stockpile

** Crypto markets have soared since Trump's election on hopes for more favourable regulations

** BTC gained 120% in 2024

(Reporting by Sanchayaita Roy in Bengaluru)

((Sanchayaita.roy@thomsonreuters.com))

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<span>MSTR.O</span> declines 6.7% </p><p>** Canaan Inc <span>CAN.O</span> down 5.3% </p><p>** ProShares Bitcoin Strategy ETF <span>BITO.O</span> falls 5.9%</p><p>** U.S. President Donald Trump signed <span>executive order</span> last week creating a new working group to draw up crypto regulations, and explore the creation of a U.S. cryptocurrency stockpile </p><p>** Crypto markets have soared since Trump's election on hopes for more favourable regulations </p><p>** BTC gained 120% in 2024</p><p> (Reporting by Sanchayaita Roy in Bengaluru)</p><p> 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companies fall premarket, as Bitcoin falls below $100,000** Bitcoin BTC=, the world's biggest cryptocurrency, down about 6.3% to $98,547, while Ether ETH= falls 8.4% to $3050** Crypto exchange Coinbase Global COIN.O falls 6.9%, while Blockchain farm operator Bitfarms Ltd BITF.O down about 4%** Crypto miners: Riot Platforms Inc RIOT.O, MARA Holdings MARA.O, U.S.-listed shares of Hut 8 HUT.O, and Bit Digital BTBT.O down between 9.7% to 6.4%** BTC buyer MicroStrategy MSTR.O declines 6.7% ** Canaan Inc CAN.O down 5.3% ** ProShares Bitcoin Strategy ETF BITO.O falls 5.9%** U.S. President Donald Trump signed executive order last week creating a new working group to draw up crypto regulations, and explore the creation of a U.S. cryptocurrency stockpile ** Crypto markets have soared since Trump's election on hopes for more favourable regulations ** BTC gained 120% in 2024 (Reporting by Sanchayaita Roy in Bengaluru) 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