📉 U.S. crypto mining stocks are feeling the pinch as Bitcoin's value drops, with many trading down nearly 10% in premarket trading. Marathon Digital Holdings (MARA) and Hut 8 (HUT) are down 6.5% and 8.1% respectively. MicroStrategy (MSTR), holding over 210,000 BTC, is also down 6.4%. This follows Mt. Gox's transfer of $2.6 billion worth of BTC and a 10% decrease in Bitcoin’s value over the past week. Other crypto stocks like Coinbase (COIN), CleanSpark (CLSK), and Riot Platforms (RIOT) have also fallen between 6%-8%. Bitcoin is currently around $55,400, a 10% drop in five days. 😰 What's your take on this? Share in the comments!