Idrees Abbas | Sopa Images | Lightrocket | Getty Images Crypto stocks suffered Tuesday as investors fled tech stocks and riskier corners of the market. Among crypto exchanges, Coinbase and eToro fell more than 5% and 6%, respectively, while Robinhood and Bullish both dropped more than 6%. Crypto financial services firm Galaxy Digital tumbled 10%….
A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images The crypto market tumbled to begin the week as heightened macro concerns triggered more than $500 million in forced selling of long positions. The price of bitcoin…
Shares of crypto exchange Bullish soared Wednesday after the cryptocurrency exchange raised about $1.1 billion in an initial public offering. The stock opened at $90 on the New York Stock Exchange, 143% above its IPO price of $37. At one point, it rose as high as $118 before closing at $68, a gain of more than…
