Ark Invest Buys Coinbase, Robinhood amid Market Pullback
Cathie Wood’s Ark Invest added shares of Coinbase and Robinhood as geopolitical tensions tied to Iran weighed on US equities.
Cathie Wood’s Ark Invest added shares of Coinbase and Robinhood as geopolitical tensions tied to Iran weighed on US equities.
Citigroup reaffirmed its positive view on crypto-related equities despite sharp sector declines, citing long-term institutional adoption and resilient business models.
Bitcoin fell under $95,000 amid a broad four-day decline triggered by heavy losses in AI and tech stocks, mounting macro pressures and thinning crypto-specific flows.