Why MARA Holdings Stock Fell as Bitcoin Slid and Fed Jitters Hit Crypto Miners

Shares of MARA Holdings slipped Wednesday, closing near $8.92, with bitcoin sliding and other risk assets losing ground after the Federal Reserve kept rates unchanged and projected fewer cuts ahead. Riot Platforms fell 3.95%, CleanSpark dropped 2.18%—miners broadly weaker as Wall Street reacted to the Fed’s updated stance.

Bitcoin price steadies above $70,000 after whipsaw week as CPI and Coinbase earnings loom

Bitcoin price steadies above $70,000 after whipsaw week as CPI and Coinbase earnings loom

Bitcoin hovered at $70,523 late Sunday, up roughly 2.2% and still trading over the $70,000 line, as traders watched to see if last week's bounce could weather more macro news. Ether advanced 2.1% to $2,084. U.S.-listed crypto stocks rallied Friday—Coinbase popped 13%, Strategy ran up 26%. Miners Marathon Digital and Riot Platforms closed out the week higher by 22% and 20% apiece.
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