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TDUX
Sep 15 - 06:55 AM

Bitcoin - Crypto-Linked Stocks Fall As Bitcoin Slides Ahead Of Clarity Act Vote, Fed Decision

By Utkarsh Hathi  —  Sep 15 - 04:44 AM

• Shares of cryptocurrency and blockchain-related companies fall premarket

• Bitcoin falls nearly 3% ahead of voting on Clarity Act later in the day, and the Federal Reserve's rate decision on Wednesday

• The Clarity Act aims to create a regulatory framework for cryptocurrencies, and had stalled amid concerns of insufficient ethics and illicit finance safeguards

• Bitcoin , the world's biggest cryptocurrency, down 2.9% at $76,833.83, while Ether falls 3.8% to $2471.74

• Crypto exchange Coinbase Global falls 4.7%

• Crypto miners: Riot Platforms Inc MARA Holdings , Hut 8 , and Bit Digital down between 1.6% and 2.2%

• BTC buyer Strategy slips 4.5%

• BTC mining machine maker Canaan Inc down 5%

• ProShares Bitcoin Strategy ETF falls 2.8%

• iShares Bitcoin Trust ETF down 2.8%

• As of last close, BTC down 12.4% YTD, ETH down 17%

(Reporting by Utkarsh Hathi in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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