BTC Price Tumbles Below $42K, Coinbase (COIN) and Miners Plunge as Bitcoin ETF Mania Becomes Rout
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Shares of Coinbase (COIN), the crypto exchange that provides vital custody services to most of the ETF issuers, lost 7.4% on Friday. Bitcoin miners Marathon Digital (MARA), Hut 8 (HUT) and Riot Platforms (RIOT) all sank at least 10%; Marathon fared worst, slumping 15%.