Terawulf is trading at $10.72, down -7.15%, as hotter-than-expected September CPI revived concerns about higher interest rates and weighed on technology and crypto-related shares.
- At 9:51 a.m. on October 15, the decline followed the prior session’s broad selloff in bitcoin miners and AI-infrastructure stocks; peer miners also fell.
- Since the prior close, Bitcoin was down 1.60% and Ethereum 3.62%.
- A report of a Zacks Research downgrade is circulating, but available reporting does not establish it as the cause of today’s decline.