Hut 8 is trading 4.03% down at $88.50 as Bitcoin’s decline and weaker markets weigh on crypto and infrastructure stocks. - Bitcoin is down 2.80% since the prior close and Ethereum 4.90%; the S&P 500 and Nasdaq are lower. - A report linked premarket weakness to Bitcoin’s decline amid Middle East tensions and rising oil prices. - The October 7 sell-off coincides with elevated Treasury yields and caution ahead of Federal Reserve minutes; no clear new company-specific catalyst was identified.