Bitcoin Falls Sharply; Bitcoin Stocks GBTC, Riot Blockchain, Square Follow

Bitcoin and its futures contracts took a sharp turn lower in midafternoon trading Wednesday, bringing down related stocks as well.

X Bitcoin slid 5%, according to CoinDesk, after flattening out earlier, while Cboe's (CBOE) futures tumbled 8% after being down just slightly earlier.

Other stocks in the cryptocurrency space also sold off. Riot Blockchain (RIOT) plunged 19%, Square (SQ) lost 4%, and Marathon Patent Group (MARA) eased 1%. Bitcoin Investment Trust (GBTC), an investment vehicle...

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