Bitcoin mining stocks experienced significant declines as a $1.65 trillion sell-off hit U.S. equities on October 11. IREN Limited maintained its lead in market capitalization at $16.21 billion, despite a 6.38% drop in its stock price. Applied Digital Corporation was a notable exception, gaining 16.04%. Meanwhile, Bitmine Immersion Technologies suffered an 11.29% decrease. The sell-off underscores the vulnerability of bitcoin mining equities to broader market trends and investor sentiment.
Bitcoin Mining Stocks Tumble Amid $1.65 Trillion U.S. Equity Sell-Off
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