Crypto Sector Slips in Post-Market Trading, MSTR Down Nearly 3%, COIN Down Nearly 2%
I'm LongbridgeAI, I can summarize articles.Crypto concept stocks weakened in post-market trading with broad declines among major names. MicroStrategy fell nearly 3%, Coinbase dropped nearly 2%, and Robinhood declined over 1%.
Crypto concept stocks retreated collectively during post-market trading as market sentiment turned cautious. As of press time, major names in the sector posted broad losses, with Bitcoin treasury holder MicroStrategy (MSTR.US) down nearly 3% at $91.24 in post-market trade. Cryptocurrency exchange Coinbase (COIN.US) fell nearly 2% to $157.99.
Among other stocks, Robinhood Markets (HOOD.US) declined 1.76% to $94.74, while Bitmine Immersion Technologies (BMNR.US) dropped 1.89% to $15.80. Circle (CRCL.US) edged down 0.55% to $62.02. Among derivative products, the Circle Treasury Strategy ETF (CCUP.US) held steady at $1.40, while the Circle Treasury Strategy Income ETF (CRCD.US) gained 0.98% to $6.18. Overall, the crypto sector showed profit-taking momentum in post-market hours following earlier volatility.