Crypto concepts diverge in pre-market: MSTR -1.61%, COIN -1.49%, HOOD -1.76%
During the pre-market session on November 5, crypto concept stocks faced overall pressure with mainstream names broadly lower. As of 8:45 AM ET, Bitcoin-related concept stocks showed divergent moves in pre-market trading, with most names experiencing varying degrees of pullback.
Sector leader MicroStrategy (MSTR.US) fell 1.61% in pre-market to $140.24; cryptocurrency exchange Coinbase (COIN.US) dropped 1.49% to $149.24; retail trading platform Robinhood (HOOD.US) declined 1.76% to $85.87. Bitminer (BMNR.US) fell 0.83% pre-market to $21.55; Circle-related name CRCL.US dropped 2.31% to $74.36.
On the derivative front, CCUP.US pulled back sharply by 6.98% in pre-market to $15.87; while CRCD.US bucked the trend with a 5.22% gain to $2.42, becoming one of the few advancing stocks in the sector. Overall, the crypto concept sector saw active pre-market trading, with investors advised to watch for direction after the formal open.
Sector constituents
| Name | Ticker | Last | Change |
|---|---|---|---|
| CRCD | CRCD.US | 2.42 | +5.22% |
| BMNR | BMNR.US | 21.55 | -0.83% |
| COIN | COIN.US | 149.24 | -1.49% |
| MSTR | MSTR.US | 140.24 | -1.61% |
| HOOD | HOOD.US | 85.87 | -1.76% |
| CRCL | CRCL.US | 74.36 | -2.31% |
| CCUP | CCUP.US | 15.87 | -6.98% |