Bitcoin miners plunge up to 13% in Wall Street’s worst selloff since July
60-second summary
Bitcoin miners tumble up to 13% as Wall Street experiences its worst sell‑off since July, with TeraWulf, Core Scientific, Cipher Mining and IREN each shedding over 12% after hotter‑than‑expected inflation data pressures AI infrastructure firms; the sharp decline signals broader market risk aversion and could suppress crypto‑related equities and mining investment momentum.
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies.