🔴 Bitfarms is trading 10.7% down today as rising Treasury yields pressure growth shares

Bitfarms is trading 10.7% down now at $3.37 as broad risk-off sentiment weighs on growth-oriented assets.

• Nasdaq is down 1.33% and the S&P 500 is down 0.61%; the 30-year Treasury yield reached roughly 5.3%, pressuring technology and other rate-sensitive shares.
• Bitcoin is up 0.62% and Ethereum 0.37% since the previous close, so crypto prices are not driving the decline.