Imagine you have digital coins called Bitcoin. Some big companies own lots of them! Recently, the price of Bitcoin and the stocks of these companies went down. This happened because everyone was excited about a possible big Bitcoin purchase by the US government, but it didn't happen.
This made people worried, and they started selling their Bitcoin and company stocks.
This caused prices to drop.
- Bitcoin's price dropped.
- Companies that own Bitcoin also saw their stock prices fall.
- This happened because of uncertainty about a US government plan.
| Company | Stock Price Change | Current Price |
|---|---|---|
| MicroStrategy (MSTR) | -5% | $253.79 |
| Coinbase (COIN) | -6% | $192 |
| Robinhood (HOOD) | -11% | $36.88 |
| Marathon Digital (MARA) | -10%+ | $13.28 |
| Hut 8 (HUT) | -5%+ | $11.88 |
| Bitcoin (BTC) | Down from ~$92,500 to ~$83,000 | N/A |
