Why Is IREN Stock Falling on Friday?
Summary
Shares of IREN Limited are declining on Friday alongside a drop in the price of Bitcoin below $70,000. Investors are currently moving away from crypto-linked and technology equities as broader market yields experience notable weekly gains.
IREN Limited (NASDAQ:IREN) stock is trading lower on Friday as Bitcoin (CRYPTO: BTC) drops below $70,000 and investors rotate out of technology and crypto-linked equities. The decline coincides with the 10-year Treasury yield tracking toward its largest weekly gain since April 2025, alongside Strategy Inc.‘s (NASDAQ:MSTR) removal from MSCI Benchmark‘s global indexes, according to Benzinga Pro. Broader equity indexes reflect…
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