Middle East chaos wipes out stocks, except one lone survivor originally appeared on TheStreet.
The Israel-Iran conflict shook the crypto market as its total market cap declined more than 5% to $3.26 trillion following the latest escalation in the Middle East.
The stocks of most major crypto companies opened in the red zone as the market opened on June 13.
Michael Saylor’s Strategy (Nasdaq: MSTR), the world’s largest public Bitcoin holder, was trading at $375 at press time, down 1.25%.
Coinbase (Nasdaq: COIN), the largest U.S. crypto exchange which recently became the first crypto company to find a spot on the S&P 500, was trading at $239.89, down 0.49%.
Robinhood (Nasdaq: HOOD), the crypto and stock trading exchange, fell 0.72% and was trading at $73.31 at press time.
The story was no different for Bitcoin mining companies.
MARA Holdings (MARA), earlier called Marathon Digital Holdings, was exchanging hands at $15.55, down 1.75%.
Hut 8 Group (HUT) also fell 0.76% and was trading at $18.22 at press time.
Riot Platforms (Nasdaq: RIOT) is another miner that reflected a downtick and was trading at $10.19, down 0.20%.
CleanSpark (Nasdaq: CLSK) similarly witnessed a dip of 0.51% and was trading at $9.65.
HIVE Digital (Nasdaq: HIVE), another prominent crypto miner, also slipped 0.7692% to $1.935.
The miner Bitdeer (Nasdaq: BTDR) slipped 1.05% to $13.15.
Stablecoin issuer Circle Internet Group (NYSE: CRCL), which made a spectacular public debut last week, was the sole lone warrior that could escape being swept away during the bloodbath. It rose 3.61% to trade at $110.45 at press time.
As per Kraken, Bitcoin has fallen 1% in value since the attack and was trading at $105,071.30 at press time.
Middle East chaos wipes out stocks, except one lone survivor first appeared on TheStreet on Jun 13, 2025
This story was originally reported by TheStreet on Jun 13, 2025, where it first appeared.
