Bitcoin price (BTC) decline has cryptocurrency stocks COIN, MSTR, and MARA buckling.

The price drop followed a quick correction in the cryptocurrency market on Sunday evening, with BTC falling nearly 10% from the $44,000 level in a matter of minutes in what could be described as a “flash crash.” At press time, Bitcoin was trading at $41,700, down about 5% in the last 24 hours. The CoinDesk Market Index (CMI), which consists of about 200 cryptocurrency assets, also fell 5%, indicating a downward trend across the market.