Bitcoin Drops Third Straight Day (Aug 25): ProShares Bitcoin Strategy ETF Falls 4.3% as Riot, Marathon Digital Slide
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
COINOTAG News reported on August 25 that Bitcoin extended losses to a third straight day, mirroring pre-market weakness among US cryptocurrency concept stocks. This movement was recorded in market data ahead of the cash equity open and reflects a cautious tone across risk assets.
Market-level figures show the ProShares Bitcoin Strategy ETF fell about 4.3%, while miners Riot Platforms and Marathon Digital declined roughly 3.6% and 3.7%, respectively, according to trading data. These quantified declines were observed in pre-market trading and are consistent with short-term equity weakness.
Market participants are likely to monitor subsequent sessions for changes in risk sentiment and short-term volatility, along with official filings and primary market indicators that can provide clearer directional signals for the crypto sector.