Cryptocurrency stocks in the United States collectively fell, as the industry is still waiting for Trump to take action

2025-01-22 12:14:09

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ChainCatcher news, on the first day of President Trump's term, U.S. cryptocurrency stocks collectively fell, despite expectations that Trump would take action on his first day in office, he did not mention cryptocurrency.

According to data from Google Finance, on January 21, cryptocurrency mining company Riot Platforms (RIOT) saw its stock price drop by 4.85%, Mara Holdings (MARA) fell by 1.76%, Terawulf Inc (WULF) decreased by 6.88%, and CleanSpark (CLSK) dropped by 7.67%.

Cryptocurrency exchange Coinbase (COIN) fell more than 8.5% to $274.80 within the first hour of trading, but closed relatively flat at $294.19 for the day.

MicroStrategy (MSTR) also remained mostly flat, closing down 1.87% at $389.10, after dropping 7% earlier in the morning.

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