U.S. Stock Market News | Digital Currency Sector Pullback, Marathon Digital Drops Over 5.7%
On Tuesday, the digital currency sector of the US stock market experienced a pullback. As of the time of publication, Marathon Digital fell by over 5.7%, MicroStrategy fell by over 4%, and Coinbase fell by nearly 4%. Following weeks of outflows, the exchange-traded funds (ETFs) of spot Bitcoin trading platforms listed in the United States recorded outflows for the first time in weeks, leading to a drop of over 3.6% in Bitcoin prices. US-listed ETFs directly investing in Bitcoin saw cumulative outflows of $64.9 million on June 10th. According to temporary data published on the Farside Investors website, this is the first outflow of funds since at least May 23rd
According to the information from Zhitong Finance and Economics APP, on Tuesday, the digital currency sector of the US stock market experienced a pullback. As of the time of publication, Marathon Digital (MARA.US) fell by over 5.7%, MicroStrategy (MSTR.US) fell by over 4%, and Coinbase (COIN.US) fell by nearly 4%. After several weeks of outflows, the exchange-traded funds (ETFs) of spot Bitcoin trading platforms listed in the United States recorded outflows for the first time, leading to a drop of over 3.6% in Bitcoin prices. The US-listed ETFs directly investing in Bitcoin saw a cumulative outflow of $64.9 million on June 10th. According to temporary data published on the Farside Investors website, this is the first outflow since at least May 23rd