THE STREET · 2026-10-27 14:14 UTC

Cathie Wood sells Bitcoin, buys $5.2 million of sinking stock

Bitcoin fell below $80,000 on Oct. 27 as traders reduced risk ahead of the Federal Reserve's interest rate decision. Cathie Wood's ARK Invest sold $15.9 million of Bitcoin ETF shares while buying $5.2 million of Circle Internet Group stock on Monday. Circle shares fell 7.07% to $79.84 on Monday; Mizuho downgraded the stock with a price target cut to $43, while Baird maintains an Outperform rating with a $100 target.

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