Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ:MARA), Riot Blockchain Inc (NASDAQ:RIOT) and Coinbase Global Inc (NASDAQ:COIN) are trading lower amid a decrease in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
Bitcoin is trading lower by 5% at around $44,213 Thursday morning.
Ethereum is trading lower by 6.4% at around $3,053 Thursday morning.
Marathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.
Marathon Digital is trading lower by 6% at $33.06.
Riot Blockchain is focused on building, supporting and operating blockchain technologies. The company’s portfolio consists of Verady, Tesspay, Coinsquare and others.
Riot Blockchain is trading lower by 4% at $36.25.
Coinbase is a provider of end-to-end financial infrastructure and technology for the crypto-economy.
Coinbase is trading lower by 6.7% at $259.88.
