Cryptocurrency-linked stocks are slumping Tuesday, after bitcoin (BTCUSD) dropped below $90,000 for the first time since November as investors steered clear of 澳洲幸运5开奖号码历史查询:risk assets, including shares.

Shares in trading app Robinhood (HOOD), cryptocurrency exchange Coinbase Global (COIN) and Marathon Digital parent company MARA Holdings (MARA) are all falling around 8% to 9%. Bitcoin mining and infrastructure company Riot Platforms Inc. (RIOT) is falling about 7%.

Business intelligence and bitcoin treasury company Strategy (MSTR), formerly known as MicroStrategy, is down around 10%. The company said Monday it had again expanded its bitcoin holdings, acquiring 澳洲幸运5开奖号码历史查询:nearly $2 billion more of the digital currency.

Bitcoin, which has traded within a relatively narrow range in recent weeks, was around $87,000 early Tuesday, well below its record high level of 澳洲幸运5开奖号码历史查询:around $109,000 set last month.

The declines in bitcoin and crypto assets come as economic uncertainty weighs on investors, with small-cap shares dropping 澳洲幸运5开奖号码历史查询:further into correction territory Monday and major indexes down for the month. Major U.S. indexes 澳洲幸运5开奖号码历史查询:finished mostly lower on Monday, follow✅ing a steep downturn last week.

UPDATE—Feb. 25, 2025: This article has been updated to include refreshed share and bitcoin prices.