Silvergate shares are down 42% this year, although they jumped 33% last week. The VanEck Digital Transformation ETF (DAPP), which holds a basket of various crypto stocks, including exchange Coinbase (COIN) and miner Marathon Digital (MARA), has fallen 67% this year but rose 15% last week. Rising rates and fears of recession hurt global equity markets, especially stocks deemed riskier. The tech-heavy Nasdaq composite index is down about 25% year-to-date.
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