Stock Track | MARA Holdings Plummets 7.85% Intraday as Crypto Market Selloff Intensifies

Stock Track12-01

MARA Holdings (MARA) saw its stock price plummet 7.85% during intraday trading on Monday, reflecting heightened volatility in the cryptocurrency sector.

The decline was driven by a sharp selloff in the broader crypto market, with Bitcoin falling below $86,000 and Ethereum dropping over 7%. This negative momentum spilled over into crypto-linked stocks like MARA Holdings, as investor sentiment toward digital assets weakened amid renewed risk aversion.

Adding to the pressure, regulatory warnings from China's central bank about stablecoin risks and S&P Global Ratings' downgrade of USDT's stability further dampened market confidence. Traders are bracing for continued volatility as macroeconomic uncertainty persists.

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