Stocks levered to bitcoin prices are trading sharply lower with the cryptocurrency falling from above $45,400 to below $42,000 overnight. In pre-market trading, Bit Digital (BTBT) is down 10.5% at $3.41 per share, Riot Blockchain (RIOT) is down 9.4% at $13.95, Marathon Digital (MARA) is down 10.7% at $20.56, MicroStrategy (MSTR) is down 6.6% at $640.00 and Coinbase Global (COIN) is down 6.8% at $146.25.
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