Crypto Stocks Mixed in Premarket, BMNR Up 2%, Bitminer Leads

U.S. crypto-related stocks traded mixed in premarket hours on Monday (Nov. 2). Bitminer(BMNR.US) climbed 2.43% to $20.67, leading the sector, while MicroStrategy(MSTR.US) rose 2.36% to $133.59 and Robinhood(HOOD.US) gained 1.49% to $86.26. Circle(CRCL.US) edged up 0.63% to $73.00. Coinbase(COIN.US) slipped 1.35% to $141.60 in premarket trading, with Circle derivative CRCD.US down 1.17% at $2.54 and Coinbase derivative CCUP.US falling 0.78% to $15.31.

On the news front, crypto-asset related names showed divergent moves following weekend bitcoin volatility. MicroStrategy, a major bitcoin holder, tracked bitcoin's premarket rebound. Coinbase, the leading crypto exchange platform, saw modest premarket weakness reflecting cautious investor sentiment on trading volume expectations. Robinhood continues to attract capital flows thanks to its crypto trading business, while Circle and its derivatives traded relatively flat.

Sector constituents

NameTickerLastChange
BitminerBMNR.US20.67+2.43%
MicroStrategyMSTR.US133.59+2.36%
RobinhoodHOOD.US86.26+1.49%
CircleCRCL.US73.00+0.63%
CoinbaseCOIN.US141.60-1.35%
Circle DerivativeCRCD.US2.54-1.17%
Coinbase DerivativeCCUP.US15.31-0.78%

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