IREN stock slips as bitcoin drops below $90,000; traders brace for tariff jitters
IREN Limited fell 3.1% to $56.04 by late morning, tracking bitcoin’s 2.7% slide to $90,466 as investors pulled back from risk. Marathon Digital and Riot Platforms also dropped. Tariff threats from Washington and rising Japanese bond yields added pressure. Debate on a key U.S. crypto bill was delayed, further rattling sentiment.