SoFi Technologies Inc. is trading at $17.61 (-5.25%) as a sharp sell-off in the cryptocurrency market impacts crypto-linked equities.
- Bitcoin has fallen 5.90% since the last close, leading a broader decline in digital assets.
- Major cryptocurrencies including Ethereum, Solana, and XRP are also trading lower by more than 4%.
- The move in SoFi shares appears to be driven by sector-wide sentiment rather than any company-specific news or results.