It’s taken less than two weeks for a rare euro-denominated preferred stock offering by Michael Saylor’s Bitcoin treasury company to fall below its already-discounted offer price.

The recent downturn in the crypto market and the slide in stock prices is part of a broader risk-off sentiment driven by several macroeconomic factors. The Bitcoin and stock market

Canaan’s stock jumped Tuesday after the Bitcoin mining firm reported a revenue spike, though Bitcoin fell to a seven-month low overnight.

Bitcoin’s relationship with US tech stocks is tightening again, and it has added a new layer of complexity to a market already dealing with fresh losses. Data

The Trump family-backed American Bitcoin mining firm shared quarterly results on Friday, adding more volatility to its stock's performance.

November keeps getting worse for Bitcoin and friends. On Nov. 18, Bitcoin (BTC) dropped below $90,000 after a death cross formation, and was trading at $89,426 before climbing back up. This was the lowest level it had dipped to since April.

For context, bitcoin has only seen a negative annual return three times since 2010: To veteran macro investor Jordi Visser, the sideways trading of recent months signals maturation of an asset class.

Currently, the Bitcoin price is trading at $93,794, semi-unchanged in the past 24 hours, with a $124 billion trading volume. It sits 1% below its 7-day high of $94,212 and 5% above its 7-day low of $89,188, with a market cap of $1.86 trillion, according to Bitcoin Magazine Pro data.

Bitcoin's price has dropped by thousands since last month, a reminder that the most popular cryptocurrency's value is highly unpredictable and very volatile.

While Strategy’s stock has fallen a lot more than bitcoin, since bitcoin peaked in early October, the correlation between the two has actually increased.