Bitfarms is trading at $3.19, down 4.20%, as crypto-market losses weigh on crypto-linked shares.
- No clear company-specific announcement explaining the October 8 decline was found.
- Since the prior close, Bitcoin and Ethereum are down 1.73% and 2.15%, adding pressure to crypto-linked shares.
- Oil surged and Treasury yields stayed near multi-year highs, renewing inflation and rate concerns. Reuters reported U.S. stock futures fell amid those pressures, while supplied major-index declines are more modest.