Crypto Stocks Fall in Overnight Session, MSTR Down Nearly 2%, COIN Down Nearly 3%
I'm LongbridgeAI, I can summarize articles.Crypto concept stocks fell collectively in the overnight session, with mainstream tickers all closing lower. MicroStrategy dropped nearly 2%, Coinbase fell nearly 3%, and Robinhood declined over 2%. Bitcoin-related assets faced pressure as market sentiment remained cautious.
Crypto concept stocks fell collectively during the overnight session, with mainstream tickers all closing lower. As of press time, MicroStrategy (MSTR.US) traded at $95.19 in the overnight session, up 1.67% from the previous regular session close of $93.63. However, it is worth noting that during regular trading hours, the stock dropped sharply from $100.01 to $93.63, showing significant intraday volatility. The overnight data reflects a brief recovery attempt after the substantial pullback during regular hours.
Coinbase (COIN.US) showed relative stability in the overnight session, trading at $163.00, up 1.14% from the regular session close of $161.16. The stock fell 2.98% during regular trading hours, dropping from $166.12 to $161.16, with the overnight slight rebound indicating some bargain-hunting activity. Robinhood (HOOD.US) traded at $101.73 in the overnight session, up 0.15% from $101.58, after falling 2.78% during regular hours from $104.48 to $101.58.
Among other tickers, Bitmine Immersion Technologies (BMNR.US) traded at $16.80 in the overnight session, up 1.27% from $16.59, after plunging 6.48% during regular hours. Circle Internet Financial (CRCL.US) traded at $63.13 overnight, up 1.53% from $62.18, following a 6.02% decline during regular trading. Derivative tickers CCUP.US and CRCD.US rose 2.88% and 2.90% respectively in the overnight session, indicating some attempts at bottom-fishing after the sharp pullback. Overall, after the collective selloff during regular trading hours, the crypto sector showed a technical rebound in the overnight session, but market sentiment remains cautious. Investors should monitor Bitcoin price trends and regulatory policy changes.
