The Traderszone Network

Published in TZ Latest News 16 July, 2021 by The TZ Newswire Staff

Why MicroStrategy, Coinbase, and Riot Blockchain Stocks All Fell This Week

Cryptocurrency stocks like MicroStrategy (NASDAQ: MSTR), Coinbase Global (NASDAQ: COIN), and Riot Blockchain (NASDAQ: RIOT) all pulled back during the past week. As of the market close on Thursday, these stocks were down 14%, 12%, and 14%, respectively, for the week. By comparison, the S&P 500 was flat during this time. The price of Bitcoin (CRYPTO: BTC) was also flat, whereas Ethereum (CRYPTO: ETH) was only down 6%.

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