{"id":44826,"date":"2021-06-23T12:22:09","date_gmt":"2021-06-23T09:22:09","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=44826"},"modified":"2025-08-31T18:50:59","modified_gmt":"2025-08-31T15:50:59","slug":"coinbase-shares-slump-to-record-low-as-bitcoin-tumbles","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/coinbase-shares-slump-to-record-low-as-bitcoin-tumbles\/","title":{"rendered":"Coinbase shares slump to record low as Bitcoin tumbles"},"content":{"rendered":"

Shares of crypto-related companies Coinbase, MicroStrategy, and Galaxy Digital fell amid the market correction on June 22, but recovered after Bitcoin climbed back from a local bottom.<\/p>\n

On Monday, Coinbase’s Nasdaq-listed stock briefly fell to $210.77 per share, an all-time low. Relative to the opening price at listing<\/a>, the stock was down 44%.<\/p>\n

At the time of writing, the securities were trading at $222.63. Relative to the session’s opening price, their value had risen by 2.8%.<\/p>\n

\"Coinbase
Coinbase (COIN) quotes on Nasdaq. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

Shares of MicroStrategy, whose subsidiary MacroStrategy holds 105 084 BTC, rose 3.9% in the previous trading session, and were trading at $556 per share at the time of writing.<\/p>\n

\"MicroStrategy
MicroStrategy (MSTR) quotes on Nasdaq. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

Galaxy Digital’s crypto trading bank shares listed on the Toronto Stock Exchange (TSX) rose 7.4% during the trading session and were trading at $19.87 per share at the time of writing.\u00a0<\/p>\n

\"Galaxy
Galaxy Digital (GLXY) quotes on TSX. Data: TradingView<\/a>.\u00a0
<\/figcaption><\/figure>\n

On June 22, BTC price for the first time since January fell below the $30,000 level. After hitting a local low, Bitcoin rose 20%, climbing above the $34,000 mark.\u00a0<\/p>\n

In June, shares of publicly listed mining companies outpaced digital gold in terms of returns.\u00a0<\/p>\n

Subscribe to ForkLog news on VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Stock prices of crypto-related companies Coinbase, MicroStrategy, and Galaxy Digital fell amid the market correction on June 22, but recovered after Bitcoin climbed back from a local bottom.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,138,770,1207,1211],"class_list":["post-44826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-coinbase","tag-galaxy-digital","tag-microstrategy","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"163","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=44826"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44826\/revisions"}],"predecessor-version":[{"id":44827,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44826\/revisions\/44827"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=44826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=44826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=44826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}