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Bitcoin Gains Could Leave Crypto Stocks Like MicroStrategy and Coinbase Underperforming

2025-08-21 04:55

Bitcoin Gains Could Leave Crypto Stocks Like MicroStrategy and Coinbase Underperforming

Crypto equities have markedly underperformed major crypto assets this month: Strategy (MSTR) and Coinbase (COIN) fell ~20% and ~27%, while Bitcoin declined ~3.7% and Ethereum rose ~13.4%. This gap reflects