US crypto stocks close down as industry still awaiting Trump action
US crypto stocks closed down on the day after President Donald Trump’s first day in office, which went without the new commander-in-chief mentioning crypto despite the industry’s anticipation that he’d take action on day one.
Shares in crypto miner Riot Platforms (RIOT) closed down 4.85% on Jan. 21, while Mara Holdings (MARA) closed down 1.76%. Shares in Terawulf Inc (WULF) dropped 6.88%, while CleanSpark (CLSK) dropped 7.67%, according to Google Finance.
Crypto stocks tumble, Bitcoin keeps climbing
Crypto exchange Coinbase (COIN) dropped over 8.5% in the opening hour to $274.80 but closed relatively flat on the day at $294.19.
The Bitcoin (BTC $105,651) buying firm MicroStrategy (MSTR) also traded mostly…
