BTCT is trading at $1.01 (-6.5%) in after-hours trading, extending a recent downtrend as the broader cryptocurrency market faces significant selling pressure.
- The move tracks a sharp decline in major digital assets, with BTC falling 3.98% and ETH dropping 4.09% since the last close.
- Market sentiment has turned risk-off following over $1 billion in liquidations across the crypto space over the last 24 hours.
- No company-specific news or earnings reports were released for BTCT today to account for the price action.