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Crypto stocks perform worse than cryptocurrencies

wsj

3 min read 22 Apr 2022, 12:20 AM IST Paul Vigna , The Wall Street Journal

Coinbase is off 42% so far this year as trading volume sinks; Silvergate Capital, Marathon Digital and Riot Blockchain are down sharply as well

The entire crypto market has fallen about 19%, though prices are off their year lows, according to data from CoinMarketCap (Photo; Reuters) — The entire crypto market has fallen about 19%, though prices are off their year lows, according to data from CoinMarketCap (Photo; Reuters)

The picks and shovels of the cryptocurrency world have been a worse bet lately than cryptocurrencies themselves.

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