Major native cryptocurrency stocks have plummeted along with Bitcoin during an all-out market carnage.
MicroStrategy (MSTR) and Coinbase (COIN) plunged more than 5% during the trading session on Friday.
Shares of major cryptocurrency mining companies, including Bitfarms (BITF), Riot Platforms (RIOT), and other companies, have also fallen.
Earlier today, Bitcoin price plummeted to an intraday low of $92,245, according to data from CoinGecko.
The flagship cryptocurrency is currently changing hands at $97,022 after paring some losses.
As U.Today reported, the cryptocurrency market took a hit after the Federal Reserve indicated it would reduce easing in 2025.
