Terawulf is trading 4.03% down now at $16.44 amid broader risk-off trading and weakness across cryptocurrency markets.
- Bitcoin is down 1.76% since the September 9 close, while Ethereum is down 1.88%; neither exceeds the 3% threshold for a dominant crypto shock.
- The S&P 500 and Nasdaq are down 0.53% and 0.69%, respectively, as elevated PPI inflation keeps yields firm.
- No new company-specific catalyst was identified in current coverage.