Why Bitcoin-Related And Ethereum-Related Stocks Are Moving Today

Shares of crypto-related stocks including Marathon Digital Holdings, Inc. MARA, Riot Blockchain, Inc. RIOT and MicroStrategy Incorporated MSTR are all trading lower amid a decrease in the price of Bitcoin BTC/USD.

Bitcoin is trading lower by 5.3% at around $29,645 Tuesday morning.

Marathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets.

Marathon's stock was trading about 2.5% lower at $21.79 per share on Tuesday. The stock has a 52-week high of $57.75 and a 52-week low of $0.91.

Riot Blockchain is focused on building, supporting and operating blockchain technologies.

Riot's stock was trading about 1.4% lower at $25.60 per share. The stock has a 52-week high of $79.50 and a 52-week low of $2.06.

MicroStrategy Incorporated provides enterprise analytics software and services worldwide.

MicroStrategy's stock was trading about 2.5% lower at $486 per share. The stock has a 52-week high of $1,315 and a 52-week low of $115.87.