The cryptocurrency market saw a notable decline in the value of associated stocks as Bitcoin, which had recently surged to an impressive rally around the $90,000 mark, began to retreat from that high point. This pullback caused many crypto-related stocks to lose some of their earlier gains, reflecting the close relationship between Bitcoin's performance and the broader crypto market's sentiment. Investors are now closely monitoring the situation, as fluctuations in Bitcoin's value often have a significant impact on the stocks of companies involved in the cryptocurrency sector.
source: https://www.coindesk.com/markets/2025/12/17/crypto-stocks-pare-gains-as-bitcoin-retreats-from-usd90-000-rally