🔴 Cypherpunk Technologies is trading 7.3% down in after-hours trading as traders take profits after sharp rally

Cypherpunk Technologies is trading at $2.04 (-7.27%) after Bitcoin-tied holdings faced negative sentiment and traders took profits following a sharp multi-day rally.

• The stock climbed from below $1 to above $2.50, leaving volatility elevated.
• Bitcoin is down 1.84% over 24 hours, while Ethereum is down 0.73%.
• Broader risk sentiment weakened after hotter inflation and higher oil prices.