✉news BusinessMarkets first seen 3 d ago, last 3 d ago, peak #27
Crypto Stocks Slump 40-56% in Stealth Bear Market
Original: Stealth Bear Market Hits Crypto Stocks as Coinbase, Circle, Robinhood Fall 40-56%
Shares of major crypto-linked companies are sharply lower, with Coinbase, Circle and Robinhood each down between 40% and 56%, in what Yahoo Finance describes as a stealth bear market in crypto stocks. The decline is hitting firms that rode the digital asset boom, and investors are weighing whether the sell-off marks a broader downturn for the sector.
Why now: Large double-digit losses in high-profile crypto stocks are alarming investors watching the digital asset sector.
CoinbaseCircleRobinhoodYahoo Finance
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/4077210