Soluna Holdings is trading at $1.25 (-5.30%) as the broader crypto and tech backdrop weakens amid a shift in investor sentiment.
- Bitcoin and Ethereum have retreated 1.25% and 1.11% respectively, putting pressure on crypto-linked stocks.
- The Nasdaq Composite is trading lower as investors rotate out of higher-risk growth names and into more defensive positions.
- No company-specific announcements or earnings-related news were reported, indicating the decline is tied to broader market risk-off sentiment.