Hut 8 is trading 4.01% down at $87.48 after Bitcoin fell 4.30% since the September 14 close and Ethereum declined 5.97%, weighing on crypto-linked equities.
- Broader risk sentiment is weak, with the 10-year Treasury yield reaching roughly 5%.
- Investors await the Federal Reserve’s September 16 decision and a Senate vote on digital-asset legislation.
- Crypto stocks broadly declined in premarket trading, including Hut 8.