Adaptimmune stock plunges after announcing Nasdaq delisting plans
Investing.com -- Bitcoin-linked stocks fell in premarket trading on Tuesday as cryptocurrencies resumed their decline amid rising trade tensions between the United States and China.
Strategy dropped 3.7%, Circle Internet fell 3%, Bullish declined 4%, Riot Platforms slid 4.2%, MARA Holdings decreased 3.9%, and Coinbase was down 3.8%.
Bitcoin mining companies were also affected, with Hive Digital falling 7.3%, Iren dropping 3%, Cleanspark declining 3.3%, and Terawulf sliding 3.8%.
The stock declines followed movements in major cryptocurrencies, which continued their downward trend after a historic round of liquidations triggered a sharp selloff over the weekend.
Bitcoin fell as much as 3.8% on Tuesday, while Ether dropped up to 7.8% as the cryptocurrency market reacted to the escalating trade situation between the world’s two largest economies.
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