Shares of K Wave Media (KWM) experienced declines during pre-market activity following the company's decision to liquidate its complete Bitcoin holdings and terminate its cryptocurrency treasury initiative. The stock decreased 1.36% to reach $0.1450, building on the prior session's 1.01% decline that brought shares to $0.1470.
MemeCore Price rallied sharply on Thursday, posting one of the biggest gains across the cryptocurrency market as risk appetite returned. The meme coin climbed nearly 70% in 24 hours after Bitcoin, Ethereum, and XRP recovered from recent weakness.
Bitcoin price has rebounded above $60,000 after easing oil prices and softer U.S. macro expectations lifted risk appetite, though persistent ETF outflows continue to threaten the recovery. According to data from crypto.