Marathon Digital Holdings is trading at $7.82 (-5.89%) as hotter-than-expected September inflation revived rate concerns and pressured bitcoin-mining shares.
- On October 14, CPI rose 3.7% year over year, above the 3.6% forecast, while markets worried rates could stay higher for longer.
- Bitcoin is down 1.60% and Ethereum 3.62% since the prior close, according to supplied market data.
- Available reporting points to a broad sector and macro-driven move, not a new company-specific catalyst.