Bitcoin-Linked Stocks Plunge as U.S. Markets Slip — ABTC Down 10.02%, HSDT Collapses 36.49%
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, October 17 — U.S. stock market benchmarks closed lower on Thursday, with the Dow Jones Industrial Average down 0.65%, the S&P 500 off 0.63% and the Nasdaq Composite slipping 0.47%, according to market data.
Shares of firms linked to digital assets underperformed, as crypto stocks posted declines: Coinbase (COIN) −1.8%, Circle (CRCL) −4.48%, MicroStrategy (MSTR) −4.35% and BTCS (BTCS) −6.47%; several smaller listings registered steeper losses, including BNB Network Company (BNC) −10.6% and New SOL Treasury Stock Helius (HSDT) −36.49%.
The session constituted a broad retreat across the sector; market participants are advised to consult official exchange data for trade verification and to inform disciplined risk management and position sizing.