• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

Blockchain, Crypto Equities Open Week With Double-Digit Declines

June 13, 2022 by Forex Winner Leave a Comment

Blockchain, Crypto Equities Open Week With Double-Digit Declines

Source: Finbold

Equities related to blockchain and digital tokens slipped in premarket trade on Monday, attributed to the risk-off sentiment due to growing concerns about inflation and interest rates. MARA is down 19.10%, RIOT down 16.05%, and COIN down 22.20% premarket.

  • The biggest declines were seen in Marathon Digital Holding, Riot Blockchain, and Coinbase, which saw double-digit drops.
  • A different trend was seen among miners, with Bitfarm, HIVE Blockchain, and Core Scientific recording slight growth.
  • The decline comes amid policy tightening by the Federal Reserve, as inflation has continued to climb.
  • Market watchers are expecting another round of rate hikes, as the Fed seeks to tame inflation.
  • Cryptocurrency assets recorded some $3-trillion worth of assets in November 2021, but this has since gone down to $1 trillion.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Jabil’s Q3 Earnings Per Share Beats Estimate by 10%, Upgrades Guidance

Jabil’s Q3 Earnings Per Share Beats Estimate by 10%, Upgrades Guidance

June 16, 2022

Federal Reserve Hints at Further Policy Tightening After 75-Basis Point Hike

Federal Reserve Hints at Further Policy Tightening After 75-Basis Point Hike

June 16, 2022

Footer

Forex Broker Reviews

easymarkets

easyMarkets Review

October 24, 2019 By Forex Winner

tastyworks

tastyworks Review

April 28, 2020 By Forex Winner

Admiral Markets

Admiral Markets Review

April 23, 2019 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2022 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure