US Crypto-Related Stocks Decline Further as Circle Drops 9% and Coinbase Falls 7%

U.S. markets saw widening declines in cryptocurrency-related stocks. Ethereum (ETH) also fell below the $2,400 mark, showing weakness.

According to crypto-focused media Blockvits on May 15, Circle (CRCL) dropped nearly 9% during the session. Coinbase (COIN) fell 7.41%, Gemini (GEMI) by 7.07%, Bitmain (BMNR) by 6.77%, Blish (BLSH) by 6.07%, and MicroStrategy (MSTR) by 5.53%. SpringLink (SBET) also declined 7.70%.

The cryptocurrency market also showed weakness, with ETH falling below $2,400 to $2,398.05, down 4.33% over the past 24 hours.