Why Bitcoin- And Ethereum-Related Stocks Are Falling

Shares of crypto-related stocks, including Marathon Digital Holdings Inc MARA, Riot Blockchain Inc RIOT and Coinbase Global, Inc. COIN are all trading lower Tuesday morning amid a weekly decrease in the price of Bitcoin BTC/USD and Ethereum ETH/USD.

Bitcoin is trading 14.8% lower over the past week at around $37,600 Tuesday morning.

Ethereum is trading 16.6% lower over the past week at around $2,600 Tuesday morning.

Marathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.

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Marathon Digital is trading lower by 4.8% at $22.74 per share.

Riot Blockchain is focused on building, supporting and operating blockchain technologies. The company's portfolio consists of Verady, Tesspay, Coinsquare and others.

Riot Blockchain is trading lower by 5.3% at $16.07 per share.

Coinbase Global provides financial infrastructure and technology for the cryptoeconomy.

Coinbase is trading lower by 6.6% at $176.56 per share.

$BTCBitcoin

$102584.63-0.66%