Crypto Sector Falls in After-Hours Trading, MSTR Down Nearly 3%, COIN Down Nearly 2%
I'm LongbridgeAI, I can summarize articles.Crypto concept stocks declined across the board in after-hours trading. MicroStrategy fell nearly 3% to $91.31, Coinbase dropped nearly 2% to $158.35. Robinhood slid over 6%, Bitmine Immersion tumbled more than 5%, as sector sentiment weakened notably.
Crypto concept stocks retreated collectively during after-hours trading, with major names all in the red. As of press time, MicroStrategy (MSTR.US) fell nearly 3% in after-hours trading to $91.31, while Coinbase Global (COIN.US) dropped nearly 2% to $158.35. The sector showed broad-based weakness as market sentiment turned notably cautious.
Other component stocks also faced pressure. Robinhood Markets (HOOD.US) declined over 6% in after-hours trading to $94.97, Bitmine Immersion Technologies (BMNR.US) tumbled more than 5% to $15.81, and Circle (CRCL.US) edged down 0.18% to $62.25. Among derivative plays, Circulate Capital Uptrend ETF (CCUP.US) fell 1.43% to $1.38 in after-hours trading, while Circulate Capital Development ETF (CRCD.US) bucked the trend with a 1.15% gain to $6.19.
Looking at the full session, the crypto sector had already shown signs of weakness during regular trading hours. MicroStrategy closed down 2.10%, Coinbase fell 1.78%, and Robinhood dropped 6.57%. Bitmine Immersion plunged 4.82% for the day, while Circle closed down 0.29%. Capital outflows were evident across the sector, with investors taking a cautious stance on the near-term outlook for crypto-related equities.