B. Riley Lowers Price Targets for Digital Asset Companies Amid Crypto Market Decline

Financial services firm B. Riley has reduced price targets for several digital asset treasury companies as the cryptocurrency market downturn continues. The adjustment reflects growing concerns about declining crypto valuations and reduced institutional interest. Major cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH) have seen significant price corrections, impacting companies holding digital assets on their balance sheets. Analysts suggest further revisions may occur if market conditions deteriorate.