--- title: "Pre-market hot trades in US stocks: Coinbase up 7.57% in pre-market; Circle up 7.26% in pre-market" type: "News" locale: "en" url: "https://longbridge.com/en/news/296468757.md" description: "Coinbase pre-market up 7.57%; Circle pre-market up 7.26%; Reitar Logtech pre-market up 134.73%; BTC Digital pre-market up 109.07%; Ohmyhome pre-market up 67.55%" datetime: "2026-08-20T09:53:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296468757.md) - [en](https://longbridge.com/en/news/296468757.md) - [zh-HK](https://longbridge.com/zh-HK/news/296468757.md) generator: "portal-rs" --- # Pre-market hot trades in US stocks: Coinbase up 7.57% in pre-market; Circle up 7.26% in pre-market **Pre-market Hot Trades in US Stocks** Coinbase pre-market up 7.57%. Based on recent key news: 1. On August 20, Coinbase announced the introduction of perpetual contract trading via Hyperliquid in the Base App, supporting up to 50x leverage. This new feature caters to high-frequency users' needs, driving the stock price up. Source: Jinse Finance 2. On August 19, Coinbase performed poorly in the US stock market, falling 2.74% during the day. Nevertheless, the new product launch and market strategy adjustments brought positive market expectations. Source: BlockBeats 3. On August 18, Coinbase launched the US500 perpetual contract, allowing speculation on the stock prices of the 500 largest companies in the US. This move enhanced its competitiveness in the derivatives market. Source: Jinse Finance The cryptocurrency market is experiencing increased volatility, requiring attention to risks. Circle pre-market up 7.26%. Based on recent key news: 1. On August 18, TD Cowen raised Circle's target price to $87, maintaining a "Buy" rating due to its strong earnings performance and positive outlook for the stablecoin market expansion. The Korean sovereign wealth fund KIC made its first investment in Circle, purchasing over 60,000 shares, indicating institutional recognition of its compliance model and business, driving the stock price up. Source: Zhitong Finance 2. On August 17, Circle transferred approximately $4.4 billion USDC to Coinbase via the AQAv2 mechanism on HyperEVM, setting a record for the largest single USDC transfer, demonstrating its strong influence in the stablecoin market. Source: BlockBeats 3. On August 19, Circle issued an additional $250 million USDC on the Solana chain, further expanding its market share and driving the stock price up. Source: Jinse Finance The overall cryptocurrency market is strengthening, with increased demand for stablecoins. **Top Gainers in Pre-market US Stocks** Reitar Logtech pre-market up 134.73%. Based on recent key news: 1. On August 17, Reitar Logtech Holdings Ltd. released an important announcement through the EDGAR system of the US Securities and Exchange Commission. This announcement may contain key information regarding the company's future development, significantly driving up the stock price. Source: EDGAR 2. On August 18, market analysis indicated that Reitar Logtech's stock price movement resembled an electrocardiogram, showing extreme volatility. Nevertheless, investors remain optimistic about its future cash flow and order backlog, further pushing up the stock price. Source: Public Technologies 3. No other significant news recently. Market attention towards Southeast Asian financial markets has increased BTC Digital pre-market rose 109.07%. There have been no significant news for BTC Digital recently; trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. no\_news Ohmyhome pre-market rose 67.55%. There have been no significant news for Ohmyhome recently; trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. no\_news ### Related Stocks - [COIN.US](https://longbridge.com/en/quote/COIN.US.md) - [CRCL.US](https://longbridge.com/en/quote/CRCL.US.md) - [RITR.US](https://longbridge.com/en/quote/RITR.US.md) - [BTCT.US](https://longbridge.com/en/quote/BTCT.US.md) - [OMH.US](https://longbridge.com/en/quote/OMH.US.md) ## Related News & Research - [Binance now lets AI agents trade, but keeping them in check is largely up to users](https://longbridge.com/en/news/296466067.md) - [Stablecoin issuer Circle now runs a bank (of sorts). Does that matter for Circle stock?](https://longbridge.com/en/news/295865356.md) - [Green Circle Decarbonize Technology Limited Announce Share Capital Increase and Share Capital Alteration | GCDT Stock News](https://longbridge.com/en/news/296245929.md) - [Trump to host crypto executives as SEC weighs regulations](https://longbridge.com/en/news/296358805.md) - [Crypto, AI, and online betting firms are driving a record $517 million in corporate election spending](https://longbridge.com/en/news/296540874.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**