Reddit's stock fell 30%, according to a report from Decrypt. The report links the drop to Google's AI search, which it says has cut into Reddit's traffic and slowed its user growth.
The available text gives no further detail. It does not give the date of the drop, the size of the traffic loss, any user-growth figures, or any comment from Reddit or Google. Those points are not known from this report.
Reddit is a listed company, not a crypto asset, and the report does not connect its share price to any coin. The same page showed crypto prices, including bitcoin at $76,775.00, down 2.69%, and ether at $2,234.52, down 1.72%. The report does not link those moves to Reddit.
For someone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, this report changes nothing directly. It names no crypto contract, exchange, funding rate, fee or liquidity change. Whether any of these venues lists a contract tied to Reddit shares is outside what this report covers.
Source: decrypt — Reddit Stock Plunges 30% as Google's AI Search Hits Traffic and User Growth