Strategy (MSTR), Coinbase (COIN), Circle (CRCL), and shares of other crypto-linked large-cap equities edged lower in early morning trade on Tuesday, even as Bitcoin’s (BTC) price continued to climb, crossing the $86,000 mark.
MSTR stock and COIN shares fell around 1.7% each. On Stocktwits, retail sentiment around MSTR improved to ‘bullish’ from ‘neutral’ over the past day, while sentiment around COIN improved to ‘neutral’ from ‘bearish’.
Meanwhile, USDC stablecoin issuer CRCL’s stock dropped 2.5% with retail sentiment dipping to ‘neutral’ from ‘bullish’ territory.
The weakness extended across several other crypto-linked names. Strive (ASST) shares fell 2.8%, while XXI Holdings (XXI) declined 1.9%.
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