The GraniteShares 1x Short COIN Daily ETF (CONI) is up 5.72% in pre-market hours on Tuesday, November 26, rising to $10.53 as of 6:41 AM ET. Bitcoin's price has retreated from its recent highs, trading down 6.2% at $92,446.38 as of 5:55 AM ET. This decline follows a significant post-election rally that saw Bitcoin approach the $100,000 mark. The broader cryptocurrency market has also seen a downturn, with the total market capitalization dropping by $182 billion to $3.35 trillion. Investors appear to be booking profits after the recent surge, contributing to the downward pressure on Bitcoin and other major cryptocurrencies like Ether and Solana, which have also experienced declines.