Strategy, BitMine and Robinhood stocks hit monthly lows with Bitcoin falling further

Major cryptocurrency-related stocks fell sharply on Friday, with some hitting their lowest levels in at least a month as markets reacted to continued uncertainty over the Iran war, and Bitcoin It fell to its lowest level since March 2.

Bitcoin recently traded at $65,804, down more than 4% on the day. The price fell to $65,720 earlier Friday, the lowest price recorded since March 2, the first business day after the United States and Israel began bombing Iran, as markets reacted to the weekend surprise attack.

Other major cryptocurrencies are similarly feeling the pain Ethereum Down about 4% to $1,980 Solana The coin fell 5% to below $83, and BNB fell 3% to $608. More than $500 million worth of cryptocurrency positions were liquidated in the past 24 hours, according to data from… Queen Glasswith nearly 90% of the carnage coming from long positions.

strategythe largest holder of Bitcoin with nearly $50 billion in holdings, has seen its stock (MSTR) fall more than 5% on the day as of this writing, and was recently trading at less than $126. The price fell below $124 earlier on Friday, hitting its lowest price in more than a month.

Likewise, Ethereum’s largest treasury, BitMine Immersion Technologies (BMNR), hit a monthly low of $18.42 earlier on Friday, and recently traded just above that level with a daily decline of over 4%. (Disclosure: BitMine CEO Tom Lee Ho Investor in DecryptionParent company, Dastan.)

Cryptocurrency and stock trading platform Robinhood (HOOD) also fell to a monthly low earlier on Friday, trading just above $66. HOOD’s price is now down more than 11% over the past month, with its six-month decline reaching 50% as of this writing.

Stock market indexes were broadly lower again on Friday, with the Nasdaq down 1.5% as of this writing, with the S&P 500 and Dow Jones down just over 1% each. US President Trump said Thursday, after markets closed, that he would stop a planned attack on Iranian energy sites, but Israel then said it would do so. “Escalation” of attacks on Iran After being subjected to a missile attack.

Bitcoin traders have turned to the increasingly bearish trend of the currency in the past couple of days, with users on Myriad – a predictive market platform run by… DecryptionParent company of Dastan — currently Pencil at 64% chance The next stop for Bitcoin is $55,000 instead of $84,000. Those sentiments were overturned early Thursday morning.