Most cryptocurrencies slid alongside traditional markets, with Bitcoin and Ethereum both down by about 1%.
The cryptocurrencies were trading at around $16,500 and $1,200 at market open.
The S&P 500 fell 0.7% and the Nasdaq 100 dropped 1.4%.
After falling to an all-time low earlier this week and recovering on Thursday, shares of Coinbase were down 1.5%.
Meanwhile, Cathie Wood’s Ark bought even more shares of the company this week, bringing its total portfolio now to a total of 5.8 million shares.
Galaxy Digital dropped 6% after popping up on Thursday following news that it would be purchasing a mining facility from Argo.
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Source: https://www.theblock.co/post/198487/bitcoin-ether-slip-with-s-ark-buys-coinbase-dip?utm_source=rss&utm_medium=rss