BTCT is trading at $1.20 (-4.4%) in pre-market sessions as a weak broader market and declining cryptocurrency prices pressure the stock.
- Bitcoin (BTC) is down 0.81% to $67,976 and Ethereum (ETH) has fallen 0.58% to $1,981, creating headwinds for crypto-related equities.
- Broader market sentiment is bearish with NASDAQ futures down 0.77%, while no company-specific news or earnings were released for the company today.
- Trading volume remains low in the pre-market, following a week of volatility where the stock ranged between $1.08 and $1.25.