MSTR, COIN, CRCL slip as Bitcoin pushes above $86K
MSTR and COIN shares fell about 1.7% each in early Tuesday trade even as Bitcoin crossed $86,000; crypto liquidations reportedly crossed $800M.
Strategy (MSTR), Coinbase (COIN), Circle (CRCL), and shares of other crypto-linked large-cap equities edged lower in early morning trade on Tuesday, even as Bitcoin’s (BTC) price continued to climb, crossing the $86,000 mark. 7% each. On Stocktwits, retail sentiment remained unchanged for both names.