Cipher Mining is trading 10.46% down at $8.18 as Bitcoin and other cryptocurrencies slide alongside a broad technology-stock selloff.
- Bitcoin is down 3.97% since its prior close.
- Technology stocks face pressure from renewed doubts about AI spending and rising oil prices amid Iran-related tensions. Reuters and other market coverage describe a broader risk-off move.
- No clear company-specific catalyst for Cipher Mining was found.