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Cipher Digital Inc. (NASDAQ:CIFR) shares are trading lower during Thursday’s session. The decline follows a volatile week for the data center operator.
Bitcoin Pullback Pressures Crypto Miners
Digital asset markets are facing downward pressure today. Bitcoin (CRYPTO: BTC) fell 2.93% over the last 24 hours to approximately $68,983.
The Nasdaq and S&P 500 also shed 1.74% and 1.28%, respectively.
Insider Activity Triggers Caution
Investors are reacting to a U.S. Securities and Exchange Commission filing from Wednesday. Director Cary Grossman sold 30,000 shares on Monday. The transaction occurred at an average price of $14.54 per share. This sale reduced Grossman’s total …
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