• Cryptocurrency and blockchain-related stocks dip on Wednesday after bitcoin drifts to its lowest level in about a week

• Bitcoin down 2.1% at $81,635.42; Ether down 3.2% at $2,429.58

• Crypto exchange Coinbase Global falls 4.5%; BTC hoarder Strategy drops 5.1%

• Retail trading platform Robinhood Markets slips 7.1%, while Webull declines 4.1%

• Crypto miners weaken: Riot Platforms Inc 5.5%, Mara Holdings 7%, Bit Digital 8.2%, Hut 8

10.9%

• BTC mining machine maker Canaan drops 7.8%, stablecoin issuer Circle Internet falls 6.1%

• ProShares Bitcoin Strategy ETF and iShares Bitcoin Trust ETF both down a little lesser than 2%

• Shares of American Bitcoin , backed by the two eldest sons of US President Donald Trump, eases 8.9%

• Ether-linked stocks Bitmine Immersion Technologies

and Sharplink Gaming slip 4.8% and 7.7%, respectively

• Including the session's moves, BTC down 6.8% YTD, ETH down 18.4% YTD

(Reporting by Darshan Kumar in Bengaluru)