Cipher Digital Plunges 12.44% as US Crypto Stocks Decline

Most US crypto equities fell, with Cipher Digital dropping 12.44%. Sharplink rose 0.48%, while major miners and exchanges like Coinbase and Galaxy Digital posted losses.

Woofun AI reports that the majority of US-listed crypto stocks experienced declines over the past 24 hours. While Sharplink gained 0.48% and BitGo rose 0.20%, significant losses were recorded across the sector.

Cipher Digital led the downturn with a 12.44% drop. Other notable declines included Riot Platforms at 7.70%, Galaxy Digital at 7.31%, IREN Ltd at 6.70%, and TeraWulf at 6.65%. Coinbase fell 2.38%, Gemini dropped 4.43%, and Strategy declined 1.93%.