🔴 Terawulf is trading 4.55% down in pre-market as Bitcoin and Ethereum fall

Terawulf is trading at $12.18, down 4.55% in pre-market as Bitcoin and Ethereum decline, weighing on crypto-related stocks.

• Bitcoin is down 3.31% and Ethereum 3.63% since the previous close.
• Technology stocks and Asian markets sold off amid AI-spending concerns and Gulf tensions. Reuters reported Bitcoin and ether lower as Asian equities retreated and risk sentiment weakened.
• No new company-specific catalyst was identified; the latest company news was the prior session’s positive CEO comments.