Stock Track | Bit Digital Plummets 5.01% as Crypto Stocks Turn Negative Amid Regulatory Uncertainty

Stock Track11-22 22:38

Bit Digital, Inc. (BTBT), a cryptocurrency mining company, saw its stock plummet by 5.01% in pre-market trading on Friday, as the broader crypto market experienced a sell-off.

The decline in Bit Digital's stock came amidst a broader downturn in crypto-related stocks, with various companies, including MicroStrategy, Canaan, Bakkt Holdings, Riot Platforms, Marathon Digital, Hut 8 Mining, Bitfarms, and Coinbase, all seeing their shares drop in pre-market trading after initially posting gains.

This reversal in crypto stocks appears to be driven by regulatory uncertainty in the United States. While Bitcoin hit a record high of $99,000 earlier, investors grew cautious ahead of expected changes in the regulatory environment. The current SEC Chair, Gary Gensler, who oversaw a flurry of crypto enforcement actions during his tenure, is set to step down on January 20th, when President-elect Donald Trump takes office.

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(BTBT), a cryptocurrency mining company, saw its stock plummet by 5.01% in pre-market trading on Friday, as the broader crypto market experienced a sell-off.\nThe decline in Bit ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTBT","symbol_name":"Bit Digital, Inc.","start_time":0,"source_url":"","article_id":"1161098651","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1161098651","pubTimestamp":1732286301,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Bit Digital, Inc. , a cryptocurrency mining company, saw its stock plummet by 5.01% in pre-market trading on Friday, as the broader crypto market experienced a sell-off.The decline in Bit Digital's stock came amidst a broader downturn in crypto-related stocks, with various companies, including MicroStrategy, Canaan, Bakkt Holdings, Riot Platforms, Marathon Digital, Hut 8 Mining, Bitfarms, and Coinbase, all seeing their shares drop in pre-market trading after initially posting gains.This reversal","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BTBT":"Bit Digital, Inc."},"translate_title":"由于监管不确定性，加密货币股票转为负值，Bit Digital股价暴跌5.01%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTBT":1},"content_text":"Bit Digital, Inc. 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