<p>Most cryptocurrencies slid alongside traditional markets, with Bitcoin and Ethereum both down by about 1%.</p> <p>The cryptocurrencies were trading at around $16,500 and $1,200 at market open.</p> <p>The S&amp;P 500 fell 0.7% and the Nasdaq 100 dropped 1.4%.</p> <p><img class="wp-image-198489 size-full aligncenter" src="https://www.tbstat.com/wp/uploads/2022/12/BTCUSD_2022-12-30_14-35-21.png" alt="" width="1766" height="1404" /></p> <p><a href="https://www.tradingview.com/chart/?symbol=COINBASE%3ABTCUSD" target="_blank" rel="noopener"><em>BTCUSD Chart by TradingView</em></a></p> <p>After <a href="https://www.theblock.co/post/198162/coinbase-all-time-low-kicks-off-slow-holiday-week">falling to an all-time low</a> earlier this week and recovering on Thursday, shares of Coinbase were down 1.5%.</p> <p>Meanwhile, Cathie Wood’s Ark bought more than 158,000 shares of the exchange, which based on Thursday’s closing price of $34.78 would be worth roughly $5.5 million.</p> <p><img class="wp-image-198490 size-full aligncenter" src="https://www.tbstat.com/wp/uploads/2022/12/COIN_2022-12-30_14-45-02.png" alt="" width="1766" height="1290" /></p> <p><em><a href="https://www.tradingview.com/chart/h7wYKiIo/?symbol=NASDAQ%3ACOIN">Coinbase chart on TradingView</a></em></p> <p>Galaxy Digital dropped 6% after <a href="https://www.theblock.co/post/198411/galaxy-digital-pops-day-after-argo-mining-acquisition-announcement">popping</a> up on Thursday following news that it would be purchasing a mining facility from Argo.</p><br /><span class="copyright"><p>© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</p> </span>