RIOT - Bitcoin Mining Stocks Are Sliding Tuesday: What's Going On? | Benzinga
Shares of several Bitcoin (CRYPTO: BTC) mining stocks including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Platforms Inc (NASDAQ: RIOT) and CleanSpark Inc (NASDAQ: CLSK) are trading lower Tuesday amid a drop in the price of bitcoin. Here's what you need to know.
What To Know: Bitcoin was down about 2.22% over a 24-hour period, hovering around $61,180 at the time of writing. The world’s largest crypto continues to pull back from its highs as demand for bitcoin ETFs continues to moderate.
The ARK 21Shares bitcoin ETF experienced single-day net outflows of $31.34 million on Monday, the Grayscale bitcoin ETF saw outflows of $24.66 million and Blackrock’s bitcoin fund remained stagnant for the fourth consecutive ...