US Stock Market Movement | Cryptocurrency Concept Stocks Weaken, Strategy (MSTR.US) Dropped Over 6%

智通财经APP reported that cryptocurrency-related stocks weakened on Friday. As of press time, Strategy (MSTR.US) dropped over 6%, Coinbase (COIN.US) plunged over 12%, and Circle (CRCL.US) fell by 8%. On the news front, the world’s largest cryptocurrency exchange Binance suffered what is suspected to be the largest crypto hack in history on Thursday, with the stolen amount estimated between $1.7 billion and $5.7 billion, shaking the entire crypto market. In the cryptocurrency market, Bitcoin tumbled over 4%, falling below $80,000 and trading at $77,815; Ethereum also slipped over 4%, trading at $2,246.