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Benzinga

Business

Henry Khederian

Why Bitcoin- And Ethereum-Related Stocks Coinbase And Riot Blockchain Are Diving Today

Coinbase Riot Blockchain blockchain Bitcoin Nasdaq Ethereum Coinbase Global Inc Riot Blockchain Inc

Shares of crypto-related stocks, including Coinbase Global Inc (NASDAQ:COIN) and Riot Blockchain Inc (NASDAQ:RIOT), are trading higher Monday afternoon amid ongoing weakness in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

Bitcoin is trading 0.6% lower Monday afternoon at around $29,800.

Ethereum is trading 2% lower Monday afternoon at around $2,020.

Coinbase is the leading cryptocurrency exchange platform in the United States.

Coinbase is trading lower by 3.13% at $65.75 per share.

Riot Blockchain is focused on building, supporting and operating blockchain technologies. The company's portfolio consists of Verady, Tesspay, Coinsquare and others.

Riot Blockchain is trading lower by 7.59% at $7.36 per share.

See Also: Why Spirit Airlines Shares Are Taking Off Today

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