Gemini Falls Further Below IPO Price. Crypto Stocks Are Fading Fast.
1. Gemini fell 54% in trading, now 20% below IPO price. 2. Gemini's revenue declined 8%, increasing its losses amid crypto volatility. 3. High valuations of crypto stocks may lead to further price fluctuations. 4. Bitcoin price corrections impact Gemini and its rivals' stock performance. 5. Investor confidence appears shaken by fluctuating crypto prices and competition.