Pre-market trading stabilizes as bitcoin (BTC) reclaims $66,000
Bitcoin recovered above $66,000 in pre-market trading despite geopolitical uncertainty, while MicroStrategy eyes its 100th BTC purchase.Summary
Pre-market trading showed stabilization as Bitcoin (BTC) rebounded above $66,000 after a dip to $64,400 on Sunday, occurring amidst broader risk aversion driven by proposed tariffs from President Trump and U.S. tensions with Iran. MicroStrategy (MSTR), the largest public BTC holder, is down 2% pre-market as it prepares for its 100th bitcoin purchase since 2020. Other crypto-related equities like MARA, COIN, and BLSH also trimmed earlier losses, though AI miners fared slightly better. The preceding sharp Sunday drop pushed the Fear and Greed Index to a seven-day low of 6, but the recovery suggests emerging dip-buying interest. The broader selloff remains somewhat contained in tech, with the Invesco QQQ down only 0.3%, highlighting the ongoing correlation between BTC and software stocks. Conversely, precious metals benefited from risk aversion, with gold climbing above $5,100 per ounce.
(Source：CoinDesk)