Dec. 12 at 1:32 PM
Bitcoin and crypto-related stocks are under pressure, though buying interest is emerging. Bitcoin traded at
$92,141, up 2% after briefly dipping below
$90,000, amid uncertainty over Federal Reserve rate cuts and a tech selloff following Oracle’s earnings. BTC remains 27% below its early-October record high above
$126,000 and down 1% in 2025.
Cathie Wood’s ARK Invest bought an additional 124,427 shares of Robinhood , now the seventh-largest holding in the ARK Innovation ETF at 4.4% of the fund, valued at
$351.5 million. Robinhood shares fell 9% after November equity trading volumes dropped 37% month-over-month to
$201.5 billion, and crypto volumes declined 12% to
$28.6 billion. Other crypto-related stocks in ARK’s top holdings include Coinbase, Circle Internet, Bitmine Immersion, and Bullish.
$BTC.X
$BLSH $HOOD $COIN