Circle, Bitcoin Treasuries Lead Crypto Stock Losses Amid Bitcoin Headwinds

Digital asset-focused stocks plummeted on Wednesday as Bitcoin and other major cryptocurrencies extended their recent slump, even as tech stocks steadied. Stablecoin issuer Circle closed at $69.72, down nearly 9% after recovering ground lost earlier in the day when it fell below $69, its lowest level since debutick Eng on the New York Stoxchange. The world's largest crypto treasury, Strategy, topped a short list of hard-hit companies in the sector, plunging close to 10%, while Ethereum-focused Bitmine Im ...