JUST IN: Cryptocurrency stocks suffered heavy losses as the Nasdaq entered a correction amid a $17 trillion market downturn.


Friday's drop fits a pattern that has persisted since the outbreak of the Iran Contra conflict, with gains on Mondays turning into losses by the end of the week.
Stocks related to cryptocurrencies such as COIN, MSTR, HOOD, and those of miners fell between 5% and 10% on Friday, caught up in a broader sell off in US stocks.
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