🔴 BTCT is trading 5% down today, retracing yesterday's rally despite broader crypto gains

BTCT is trading at $1.23 (-5%) in pre-market, retracing yesterday's 5.69% gain to $1.30 as the stock moves inversely to the broader crypto market.

• BTC is up +1.11% to $81,027 and ETH has gained +1%, falling below the 3% threshold typically correlated with BTCT's price movements.
• No company-specific catalysts were identified for the decline; the broader market is slightly higher with the NASDAQ up +0.58%.
• Today's move counters yesterday's rally which was driven by Bitcoin ETF inflows, with no new news found to support the pre-market drop.