BTCT is trading 8.4% down at $0.87 in pre-market as the stock gives back a portion of its sharp two-day rally.
- The move follows a significant surge from $0.68 to $0.95 over the previous two trading sessions.
- There is no fresh company-specific news or earnings, suggesting the decline is driven by normal volatility and profit-taking.
- Bitcoin is trading roughly flat since the last close, indicating the move is not a reaction to broader crypto market shifts.