Crypto names slide in pre-market as bitcoin falls below $90,500

Stocks levered to bitcoin (BTC) prices are trading lower in pre-market with the cryptocurrency declining to two-month lows below $90,500 level. In pre-market session, Bit Digital (BTBT) is down 7% at $3.13 per share, Riot Blockchain (RIOT) is down 5% at $11.42, Marathon Digital (MARA) is down 5% at $17.01, MicroStrategy (MSTR) is down 5% at $310.53, TeraWulf (WULF) is down 5% at $5.11, and Coinbase Global (COIN) is down 4% at $247.68.