Crypto stocks slide in pre-market trading as bitcoin stabilizes around $77,000
Yahoo Finance·2026-02-02 18:30
Crypto-related U.S. equities fell in pre-market trading as market participants continued to digest President Donald Trump's Friday choice of Kevin Warsh as his nominee for Federal Reserve chair, which spilled over into a sharp crypto selloff over the weekend.Strategy (MSTR), the largest publicly traded holder of bitcoin, fell more than 6%, while Galaxy Digital (GLXY) dropped over 7%. Bitcoin (BTC) mining and AI-linked companies are also weaker, with IREN (IREN) and Cipher Mining (CIFR) both losing around 4 ...