Argo Blockchain is trading at $2.08, down -6.31%, as crypto and macro risk-off pressures weigh on shares.
- Bitcoin (-3.58%) and Ethereum (-6.21%) are lower since the prior close, weighing on crypto-linked shares; the broader selloff included leveraged liquidations.
- Higher oil prices, rising Treasury yields and Middle East tensions are pressuring risk appetite. Reuters reported Brent crude jumped 4.2% to more than $104 a barrel.
- No clear company-specific announcement explaining the decline surfaced in the search.