Cryptocurrency Companies See Shares Declining Wednesday

By Stephen Nakrosis

Shares of cryptocurrency companies are trading lower on Wednesday, following a decline in the price of bitcoin, dogecoin and other cryptocurrencies.

At 11:01 a.m. ET, shares of Coinbase Global Inc. were trading 6.28% lower at $224.08. Volume at the time topped 9.7 million shares. The stock's 65-day average volume is some 12.2 million shares. Earlier in the session, the company's stock touched a 52-week low of $208 a share.

At 11:14 a.m. ET, shares of Marathon Digital Holdings Inc. were trading 10.11% lower at $20.66. Volume at the time topped 16.2 million shares. The stock's 65-day average volume is some 21.4 million shares.

At 11:15 a.m. ET, the American depository receipts of BIT Mining Ltd. were trading 17.52% lower at $11.30 each. Volume at the time topped 321,000 shares. The 65-day average volume is 568,903.

At 11:16 a.m. ET, shares of Riot Blockchain Inc. were trading 9.19% lower at $23.21. Volume at the time topped 21.1 million shares. The stock's 65-day average volume is some 25.6 million shares.

--Write to Stephen Nakrosis at [e-mail]

(END) Dow Jones Newswires

May 19, 2021 11:40 ET (15:40 GMT)

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