MSTR, COIN, CRCL Hit by Post-Rally Sell-Off
Crypto stocks opened the week under pressure as traders took profits following a sharp Friday rally across digital assets and broader financial markets.
MARA Holdings (MARA) and Circle (CRCL) led the losses, falling about 6% in early trading. Bullish (BLSH) was down 5%, while Strategy (MSTR) slipped 3%. Other publicly traded platforms with crypto exposure, including Coinbase (COIN), eToro (ETOR), and Robinhood (HOOD), also traded lower.
The moves mirrored a broader pullback in digital asset prices. Bitcoin and ether (ETH) were both down significantly from their weekend highs, falling roughly 4% and 5.5%, respectively, over the past 24 hours.
That Friday rally followed dovish comments by Federal Reserve Chair Jerome Powell on…
