MARA, HUT, CIFR Rally Pre-Market – But Bitcoin’s Weak Sentiment Keeps A Lid On Gains

Retail sentiment around Bitcoin mining stocks like CIPHER, IREN, MARA, and HUT was in the ‘bullish’ territory on Stocktwits during pre-market hours.
A view of Bitcoin token and a miner miniature figures. (Photo by Manuel Romano/NurPhoto via Getty Images)
A view of Bitcoin token and a miner miniature figures. (Photo by Manuel Romano/NurPhoto via Getty Images)
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Anushka Basu·Stocktwits
Published Mar 31, 2026   |   5:24 AM EDT
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  • Bitcoin's price remains weak, stuck in the mid-$60K range after a sharp drop earlier this year. 
  • The Fear & Greed Index is stuck in "extreme fear," indicating that buyers have little confidence in the market.
  • Crypto mining stocks like CIFR, IREN, MARA, HUT, and WULF are still performing well in the pre-market as Bitcoin remains above $67,000.

Crypto mining stocks posted broad pre-market gains on Tuesday for the second consecutive session, as Bitcoin (BTC) continued trading in the $67,000 zone.

Since the beginning of the year, Bitcoin's price action has been characterized by a dramatic breakdown and a protracted period of compression. The asset is currently trading in the mid-$60K range after failing to maintain higher highs. The structure indicates a market struggling to regain bullish momentum. 

Given that the Fear & Greed Index has spent most of the year in "extreme fear" territory, this price behavior closely aligns with ongoing sentiment weakness. Sentiment has not significantly improved, even during brief relief rallies, suggesting that underlying demand remains brittle and reactive rather than conviction-driven.

Bitcoin's Fear and Greed Index shows 'Extreme fear' in March, levels February and March. Source: Glassnode

Bitcoin's price was at $67,433, up 0.3% over the past 24 hours. On Stocktwits, the retail sentiment around BTC remained in the ‘bearish’ territory, while chatter levels around it remained ‘low’ over the past day.

The behavior of the market as a whole, especially in equities linked to cryptocurrencies, also reflects this precarious environment. 

Bitcoin Mining Stocks Hold Gains 

Cipher Digital Inc (CIFR) was trading up by 2% in pre-market hours. On Monday, the stock closed over $12. On Stocktwits, the retail sentiment around CIFR remained in the ‘bullish’ territory, as chatter levels around it moved from ‘high’ to ‘extremely high’ over the past day. 

IREN Limited (IREN) traded up over 1% in pre-market hours and closed above $31 on Monday. On Stocktwits, the retail sentiment around IREN moved to ‘bullish’ from ‘bearish’ territory, as chatter levels around it moved from ‘low’ to ‘high’ over the past day.

MARA Holdings, Inc (MARA) was up by 1% during the pre-market hours. The stock had closed over $8 on Monday. On Stocktwits, the retail sentiment around MARA remained in the ‘bullish’ territory, as chatter levels around it remained ‘high’ over the past day.

Hut 8 Corp (HUT) was trading over 2% in pre-market hours. The Bitcoin mining stock closed close to $43 on Monday. On Stocktwits, the retail sentiment around HUT moved from ‘bullish’ to ‘neutral,’ territory, while chatter levels around it remained ‘normal’ over the past day.

TeraWulf Inc. (WULF) was trading up 1% in pre-market hours. On Monday, the stock closed at $13.70. On Stocktwits, the retail sentiment around WULF remained in the ‘bearish’ territory, as chatter levels around it improved from ‘low’ to ‘normal’ over the past day.

Read also: Is Bitcoin’s ‘TCP/IP Moment’ Here? Square Pushes BTC Into Everyday Payments At Scale

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