Crypto Stocks Tumble in Pre-Market Trading as Bitcoin Dives to $112K
Crypto-related company stocks tumbled in pre-market trading on Monday as bitcoin (BTC) and several altcoins succumbed to unrelenting sell pressure, spurring $1.6 billion in liquidations across derivatives exchanges. Coinbase (COIN) is down by 3% in pre-market trading while Strategy (MSTR) slid by 2.3%. Mara Holdings (MARA) and Metaplanet (TYO: 3350) also lost more than 3%. Crypto treasury companies had a rougher morning; with solana treasury company Forward Industries (FORD) selling off by as much as 5% ...