Bitcoin mining stocks experienced a downturn this week as Bitcoin's price fell by 7.8% to $101,827, resulting in a hashprice drop to a seven-month low. All of the top 20 publicly traded mining companies reported losses, with IREN Limited, the sector leader by market cap at $16.97 billion, experiencing a 6.83% daily decline. Other notable declines included Applied Digital Corporation and Core Scientific, while Northern Data AG suffered the largest weekly drop at 20.54%. In contrast, Bitdeer Technologies Group emerged as the top daily performer, gaining 3.62%.