The post Michael Saylor’s MSTR Declines 7.8% Alongside Drop in Bitcoin appeared on BitcoinEthereumNews.com. Crypto-related stocks tumbled on Tuesday in a broad-market crypto slide that brought bitcoin down to $113,000. Strategy (MSTR), the largest corporate owner of BTC, closed the session 7.8% down at $336, at its weakest price since April 22. Ethereum treasury firms SharpLink Gaming (SBET) and BitMine (BMNR) lost 8%-9%, while Solana-focused accumulators DeFi Development (DFDV) and Upexi (UPXI) plunged 13.7% and 9%, respectively. Digital asset investment firm Galaxy (GLXY) slid 10%, while Robinhood (HOOD) sank 6.5% and Coinbase (COIN) fell 5.8%. BTC miner MARA Holdings (MARA) declined nearly 6%, while some high-flying HPC names like Bitdeer (BTDR), IREN (IREN) and Hut 8 (HUT) plummeted nearly 10%. Risk appetite quickly evaporated this week as traders anticipate Fed Chair Jerome Powell’s Friday speech at Jackson Hole, Wyoming. Read more: Bitcoin Drops Below $114K, Ether Loses $4.2K as Jackson Hole Speech Might Bring Hawkish Surprise Source: https://www.coindesk.com/markets/2025/08/19/strategy-tumbles-to-4-month-low-as-crypto-stocks-digital-asset-treasuries-sinkThe post Michael Saylor’s MSTR Declines 7.8% Alongside Drop in Bitcoin appeared on BitcoinEthereumNews.com. Crypto-related stocks tumbled on Tuesday in a broad-market crypto slide that brought bitcoin down to $113,000. Strategy (MSTR), the largest corporate owner of BTC, closed the session 7.8% down at $336, at its weakest price since April 22. Ethereum treasury firms SharpLink Gaming (SBET) and BitMine (BMNR) lost 8%-9%, while Solana-focused accumulators DeFi Development (DFDV) and Upexi (UPXI) plunged 13.7% and 9%, respectively. Digital asset investment firm Galaxy (GLXY) slid 10%, while Robinhood (HOOD) sank 6.5% and Coinbase (COIN) fell 5.8%. BTC miner MARA Holdings (MARA) declined nearly 6%, while some high-flying HPC names like Bitdeer (BTDR), IREN (IREN) and Hut 8 (HUT) plummeted nearly 10%. Risk appetite quickly evaporated this week as traders anticipate Fed Chair Jerome Powell’s Friday speech at Jackson Hole, Wyoming. Read more: Bitcoin Drops Below $114K, Ether Loses $4.2K as Jackson Hole Speech Might Bring Hawkish Surprise Source: https://www.coindesk.com/markets/2025/08/19/strategy-tumbles-to-4-month-low-as-crypto-stocks-digital-asset-treasuries-sink

Michael Saylor’s MSTR Declines 7.8% Alongside Drop in Bitcoin

2025/08/20 22:46
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Crypto-related stocks tumbled on Tuesday in a broad-market crypto slide that brought bitcoin

down to $113,000.

Strategy (MSTR), the largest corporate owner of BTC, closed the session 7.8% down at $336, at its weakest price since April 22.

Ethereum

treasury firms SharpLink Gaming (SBET) and BitMine (BMNR) lost 8%-9%, while Solana-focused accumulators DeFi Development (DFDV) and Upexi (UPXI) plunged 13.7% and 9%, respectively.

Digital asset investment firm Galaxy (GLXY) slid 10%, while Robinhood (HOOD) sank 6.5% and Coinbase (COIN) fell 5.8%. BTC miner MARA Holdings (MARA) declined nearly 6%, while some high-flying HPC names like Bitdeer (BTDR), IREN (IREN) and Hut 8 (HUT) plummeted nearly 10%.

Risk appetite quickly evaporated this week as traders anticipate Fed Chair Jerome Powell’s Friday speech at Jackson Hole, Wyoming.

Read more: Bitcoin Drops Below $114K, Ether Loses $4.2K as Jackson Hole Speech Might Bring Hawkish Surprise

Source: https://www.coindesk.com/markets/2025/08/19/strategy-tumbles-to-4-month-low-as-crypto-stocks-digital-asset-treasuries-sink

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