The crypto stocks, including Coinbase (COIN), Bitmine (BMNR), Strategy (MSTR), Circle (CRCL), and others, have slipped today amid a retreat in the broader digital assets space. Notably, the plunge comes amid soaring geopolitical and macroeconomic concerns.

In addition, the European Central Bank has kept interest rates steady at its latest meeting, but is expected to raise rates in September. This, alongside soaring oil prices, has fueled investors’ concerns over a potential similar move by the US Federal Reserve.

Crypto Stocks Slip As Oil Prices Soar

Crypto stocks have recorded significant losses today, as BTC price slipped below the $65k mark and Ethereum price lost around 3%. The slump comes amid soaring geopolitical tensions…