Cryptocurrency Concept Stocks Widely Down in Q1
In the first quarter, the CME Bitcoin futures BTC main contract fell 18% cumulatively, and the CME Ethereum futures DCR main contract fell 48.44% cumulatively. Bitcoin ETF HODL fell 77.95% cumulatively, while ethereum ETF QETH dropped 45.4%, FETH 45.38% and ETHA 45.35%. Blockchain concepts/crypto digital currency concepts Bakkt Holdings fell 65%, KULR fell 62.82%, TeraWulf fell 51.77%, Cipher Mining fell 50.43%, and Hut 8 fell 43.29%. There were only a handful of overall gainers, with City 9 ADR accumulating 3.23 per cent, online brokerage Robinhood up 11.70 per cent and Beyond Inc. up 17.65 per cent.
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