Bitcoin Mining Stocks Plunge as $1.65 Trillion Is Wiped From US Equities

A $1.65 trillion market-wide sell-off on Friday rippled through bitcoin mining equities, erasing tens of millions in value across the top 20 publicly traded firms. The downturn mirrored broader equity losses across U.S. stock markets, highlighting the sector’s growing sensitivity to macroeconomic pressures and investor sentiment shifts. Global Sell-off Sparks Volatility Across Crypto Mining Equities