Bitfarms is trading at $3.67 (9.5% down) after a sharp slide in major cryptocurrencies extended the recent pullback in Bitcoin-exposed mining stocks.
- Bitcoin has dropped approximately 2.5% since the last close and 3.6% over the past 24 hours.
- Ether and other large-cap tokens have also fallen more than 3%, pressuring revenue expectations for the mining sector.
- The broad downturn in digital assets continues to weigh on investor sentiment toward crypto-exposed equities.