Benzinga·2025-11-24 12:24Core Insights - Bitcoin is currently facing pressure below the $90,000 mark, leading to a decline in momentum for several Bitcoin-linked stocks [1] Company Performance - Bitcoin Depot Inc. (NASDAQ:BTM): The momentum score has dropped significantly from 75.33 percentile to 8.88, a decline of 66.45 percentile points. The stock is down 47.90% over the last month, 6.88% year-to-date, and 24.75% annually, indicating a weaker price trend across all time frames [2][7] - Bakkt Holdings Inc. (NYSE:BKKT): The momentum score fell from 91.42 to 22.56, reflecting a decline of 68.86 points. The stock has tumbled 51.56% over the month, 45.09% year-to-date, and 50.12% over the year, showing a significant pullback in investor enthusiasm [2][7] - Bitdeer Technologies Group (NASDAQ:BTDR): The momentum ranking decreased from 64.77 to 17.50, a decline of 47.27 points. The stock is down 55.72% over the month, 55.01% year-to-date, and 16.55% annually, indicating a weaker short-term price trend but a strong medium to long-term outlook [2][7] Market Context - Bitcoin is trading approximately 31.95% lower from its all-time high on October 7, with current prices at $85,891.30 per coin, reflecting ongoing volatility in the cryptocurrency market [6][8]