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US crypto stocks close down as industry still awaiting Trump action

US crypto stocks close down as industry still awaiting Trump action

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Source: Coin Telegraph

US crypto stocks closed Jan. 21 down across the board as President Donald Trump is yet to action his promised plans for the industry.

US crypto stocks closed down on the day after President Donald Trump’s first day in office, which went without the new commander-in-chief mentioning crypto despite the industry’s anticipation that he’d take action on day one.

Shares in crypto miner Riot Platforms (RIOT) closed down 4.85% on Jan. 21, while Mara Holdings (MARA) closed down 1.76%. Shares in Terawulf Inc (WULF) dropped 6.88%, while CleanSpark (CLSK) dropped 7.67%, according to Google Finance.

Crypto exchange Coinbase (COIN) dropped over 8.5% in the opening hour to $274.80 but closed relatively flat on the day at $294.19.

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Author: Ciaran Lyons