Bitcoin miners plunge up to 13% in Wall Street’s worst selloff since July
Summary
Major Bitcoin mining companies experienced significant stock drops during the most severe market selloff since July. Firms including TeraWulf, Core Scientific, Cipher Mining, and IREN saw double-digit losses as persistent inflation negatively impacted artificial intelligence infrastructure providers on Wall Street.
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies.
Source: Read the full story at Cointelegraph.com News
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