US-based crypto mining stocks mirror Bitcoin's weakness and end the week lower. 📉
- Hut 8 down 11.2% to $12.34
- CleanSpark down 11.35% to $13.35
- Riot Platforms down 8.8% to $8.50
- Marathon Digital down 3.3% to $17.48
The declines in Nasdaq and Dow Jones, combined with the widespread sales in technology stocks, also negatively affect the crypto market. Bitcoin fell below $63,000 on concerns about Genesis Trading's financial health.