BTCT is trading at $1.35 (+8.87%) in pre-market action as Bitcoin stabilizes near $70,000 following a volatile week of trading.
- The stock is rebounding from a $1.24 close on February 9, having recovered significantly from a weekly low of $1.08 reached on February 5.
- Support for the crypto-related equity comes as Bitcoin recovers from a drop toward $60,000 earlier in the week to find stability at higher levels.
- Broader market strength and a recent rally in tech stocks are providing additional tailwinds for the current pre-market surge.