Cryptocurrency Market Volatility Affects Top Stocks

The cryptocurrency market has been experiencing significant volatility in early April 2026. This uncertainty has led to weakness in top stocks such as Coinbase (COIN), MicroStrategy (MSTR), and Marathon Digital (MARA).

Coinbase shares are under pressure, trading at around $161 or about Rp2.73 million. The company's stock could potentially drop to $155 or around Rp2.63 million if the pressure continues.

MicroStrategy also experienced weakness with a price closing at $126.03 or around Rp2.14 million after falling around 8%. The company's high dependence on crypto makes it highly sensitive to market volatility.

Marathon Digital shares declined by 6.53% and closed at $8.02, with investors awaiting the company's quarterly financial report for a better understanding of its performance. Analysts predict that if selling pressure continues, Marathon Digital could drop to around $7 or IDR119,000.