#CryptoStocks

U.S. crypto stocks plummet in pre-market trading as BTC crashes

Bitcoin was trading around $9,416,149,141,054.40 in Europe, a 24-hour drop of 5.8%, having previously fallen to its lowest level since late February.

The drop coincides with the closure of the crypto exchange platform Mt. Gox, which moved $2.6 billion in BTC to a new wallet before beginning payments to creditors.

Michael Saylor's software company, MicroStrategy, which owns more than 210,000 BTC, and Bitcoin mining company Hut 8 led the declines.