Bitcoin miners plunge up to 13% in Wall Street’s worst selloff since July
BTC when published $81,423Now $80,577 ▼ −1.04% since it was published
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies. US stocks suffered their sharpest selloff since July on Wednesday as hotter-than-expected inflation data weighed on technology and AI infrastructure companies, with Bitcoin miners among those hit. The S&P 500 fell 1.1%, its biggest one-day decline since July 29; the Nasdaq Composite fell 1.9%, its biggest one-day drop since July 23, while the Dow Jones Industrial Average fell 0.1% over the day.
First reported by Cointelegraph. This page is a short excerpt; the full text is theirs.
