Bitcoin Plummets to Three-Month Low, Impacting Riot Blockchain and Marathon Digital Stocks

In the latest developments within the cryptocurrency market, Bitcoin has experienced a significant downturn, reaching a low not seen in over three months. This decline has adversely affected key players in the sector, with Riot Blockchain (RIOT.O) witnessing a 3% drop in its stock price. Similarly, Marathon Digital (MARA.O) faced a more substantial decline of 5.3%, while the ProShares Bitcoin Strategy ETF recorded a 5.6% decrease. Furthermore, the iShares Bitcoin Trust saw a decline of 5.5%. These fluctuations underline the ongoing volatility in cryptocurrency markets and serve as a reminder for investors to remain vigilant given the dynamic landscape characterized by rapid price changes and uncertainty.