🔴 Cipher Mining is trading 4.1% down today on Bitcoin weakness and tech sector selloff

Cipher Mining is trading 4.1% down today at $21.21 amid a broader pullback in risk assets and weakness in the cryptocurrency market.

• The decline tracks a 2.9% drop in Bitcoin and a technology sector selloff tied to AI profit-taking and rising geopolitical tensions.
• Shares are currently consolidating after a recent rally fueled by the company's inclusion in the Russell index and its strategic pivot toward AI and High-Performance Computing (HPC).