Circle, Gemini and Coinbase stock prices plummet as Bitcoin dips below $90,000

Crypto markets are getting bloody. Not only has Bitcoin’s price plummeted below $90,000, but the shares of some of the biggest names in the industry have lost huge chunks of their value. That’s despite many of them having reported record results over the past quarter and the increased softening of the regulatory environment for digital assets in the US. “Equity markets have navigated an earnings season of reasonable results, but sentiment has been overshadowed by novel macro headwinds,” Thomas Perfumo, ...