The shares of crypto-related companies such as Coinbase and MicroStrategy have started to fall dragged down by yesterday's Bitcoin plunge.
On Monday, the shares of crypto exchange Coinbase, which are listed on the NASDAQ, fell to $210.77, an all-time low. Relative to the opening share price, the share price dropped by 44%.
At the moment, Coinbase shares are trading at $222.47.
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Meanwhile, the shares of MicroStrategy, which owns 105,084 BTC, lost 5.13% of their value during the trading session and are trading at $553.72 each currently.
Last June 22, the price of Bitcoin fell below $30,000 for the first time since January. After reaching a local low, the price of the crypto increased by 20% to surpass the $34,000 level.