Crypto-associated stocks hammered as COIN and HOOD drop to record lows By Cointelegraph

Crypto-associated shares hammered as COIN and HOOD drop to report lows

Unhealthy information continues to dominate crypto media headlines and Could 12’s juiciest tidbit was the surprising collapse of the ecosystem. Along with the weak point seen in equities, listed firms with publicity to blockchain startups and cryptocurrency mining have additionally declined sharply.

Whereas it might be simple responsible the present pullback solely on Terra’s implosion, the reality is that the worth of mining shares has largely mirrored the efficiency of BTC since reaching a peak in November 2020.

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