US Stock Market Move | Bitcoin fell below the $80,000 threshold and concept stocks plummeted across the board.
On Monday, bitcoin fell below the $80,000 mark, and concept stocks across the board plummeted.
On Monday, Bitcoin fell below the $80,000 mark, and concept stocks all plummeted. As of the time of writing, MARA Holdings (MARA.US) and Strategy (MSTR.US) fell by over 12%, Coinbase (COIN.US) fell by over 10%, Riot Platforms (RIOT.US) fell by over 5.6%, and CleanSpark (CLSK.US) fell by over 5.2%. In terms of news, Bitcoin whale Michael Saylor proposed a shocking "100 trillion dollar" cryptocurrency strategy, suggesting that the US government acquire 25% of the global Bitcoin supply over the next ten years. He also bluntly stated, "I would rather sell a kidney than not hold Bitcoin."
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