Crypto Shares Sink. Bakkt, Riot Platforms, TeraWulf Down Around 4%; MARA, CleanSpark Down About 3%; Strategy, Coinbase Down over 2%
Crypto shares sank in premarket trading. Bakkt Holdings, Riot Platforms, TeraWulf down around 4%; MARA Holdings, CleanSpark down about 3%; Strategy, Coinbase down over 2%.
Bitcoin and other cryptocurrencies sank after Israel launched airstrikes on Iran in a major escalation. The largest digital asset slid as much as 3% on Friday to dip below $103,000 before paring losses. Second-ranked token Ether had at one point shed about 7.6% of its value.
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