Why IREN stock is whipsawing today as bitcoin slips and tech rally cools
IREN shares fell 0.5% to $40.08 in midday New York trading after swinging between $38.55 and $42.25. Bitcoin slipped below $88,000, weighing on U.S.-listed crypto miners. No new company news moved IREN, with traders focused on thin year-end volumes and broader tech weakness. Investors await Fed minutes and jobless claims later this week.