Cointime

Download App
iOS & Android

Bitcoin, BNB Slide As Ether Is Little Changed; Crypto Stocks Rise

Bitcoin and BNB fell more than 2% over the past 24 hours, while ether was little changed. Crypto-related stocks were mostly up. 

The biggest cryptocurrency by market cap was down to below $24,000 after surpassing $25,000 yesterday. BNB was trading just below $310. Ether hovered around $16,669.

Traditional markets were lower across the board, but crypto-related stocks traded higher, with Silvergate up more than 4% after the open, Coinbase rising nearly 2% and MicroStrategy up 1%. 

MicroStrategy reported in a filing that it had sold 218,575 shares of class A common stock from a previously announced for proceeds of about $46.6 million. The company intends to use part of the proceeds for "general corporate purposes, including the acquisition of bitcoin and working capital."

Comments

All Comments

Recommended for you