Newsig · Cointelegraph
Bitcoin miners plunge up to 13% in Wall Street’s worst selloff since July
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies.
Why it matters
BTC (Bitcoin) · Why linked: Bitcoin miners' selloff reflects pressure on the crypto mining sector tied to inflation concerns and AI infrastructure rotation. Market context: Mining stock plunge signals risk-off sentiment that can pressure BTC price and crypto-linked equities.
CORZ · Why linked: Explicitly mentioned as losing more than 12% alongside other miners. Market context: Sharp decline of more than 12% pressures Core Scientific shares on the day.
IREN (IREN Limited) · Why linked: Explicitly listed among miners losing more than 12%. Market context: Decline of more than 12% pressures IREN shares alongside peers weakness.
How BTC usually react
This story is too recent for its own reaction record — we score each asset against the actual price move 24h after publication. These are the long-run figures across every event we have tracked for them.
| Asset | Events | Avg max move | Closed lower |
|---|---|---|---|
| BTC | 9 | +2.02% | 67% |
Curated by Newsig — News in. Signal out.
How the reaction data is measured · Editorial policy