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 reported that Bitcoin fell to its lowest price since March 2 on Friday at $65,720, with a recent trading price of around $65,804, down more than 4% for the day. Ethereum dropped about 4% to $1,980, Solana fell 5% to below $83, and BNB declined 3% to $608. According to CoinGlass data, over $500 million in crypto positions were liquidated in the past 24 hours, with nearly 90% being long positions.

The largest corporate Bitcoin holder, Strategy, holds about $50 billion in Bitcoin, with its stock MSTR dropping over 5% during the day, falling below $124 intraday, hitting a one-month low. The publicly traded company with the largest Ethereum holdings, BitMine Immersion Technologies (BMNR), reached an intraday low of $18.42, down more than 4% for the day. The crypto and stock trading platform Robinhood (HOOD) also fell to a monthly low, trading slightly above $66, down over 11% in the past month and more than 50% in the last six months.

The three major U.S. stock indexes fell in unison, with the Nasdaq down 1.5%, and the S&P 500 and Dow Jones each down about 1%. The U.S. President announced after hours on Thursday that plans to attack Iranian energy facilities would be paused, but Israel subsequently stated it would “escalate” attacks on Iran following missile strikes. The prediction market platform Myriad users currently believe the probability of Bitcoin’s next target being $55,000 instead of $84,000 is 64%.

BTC-3.55%
ETH-3.31%
SOL-3.98%
BNB-2.47%
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