Bitcoin (BTC) Price Slips Below $56K as Crypto Weakness Continues; Coinbase (COIN) Falls to 7-Month Lows

Crypto-focused stocks also performed poorly. Crypto exchange giant Coinbase (COIN) declined 1%, briefly slipping below $160 for the first time since February, taking out the lows hit during the early August crash due to the Japanese yen carry trade unwind. Large-cap bitcoin miners Marathon (MARA) and Riot Platforms (RIOT) were down 4% and 2%, respectively.

Source: https://www.coindesk.com/markets/2024/09/05/aptos-leads-losses-as-crypto-weakness-continues-coinbase-shares-fall-to-7-month-lows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines