Bitcoin Price Tumbles, Mining Stocks MARA, RIOT Drop 10% Boosting ETF ‘Sell the News’ Calls

Cryptocurrency-adjacent stocks also endured significant pullback, with miners Marathon Digital (MARA) and Hut 8 (HUT) both recording more than 10% declines. Riot Platforms (RIOT), another BTC miner, sank 8%. Coinbase, the crypto exchange that plays a key role in multiple spot bitcoin ETFs, also saw its stock price drop 6%.