Stock Track | MARA Holdings Plummets 5.02% on Hawkish Fed Outlook and Crypto Sell-off

Stock Track12-20 01:16

MARA Holdings, a leading cryptocurrency mining company, saw its stock price plummet by 5.02% on Thursday's trading session, underperforming the broader market. The sell-off in MARA's shares was primarily driven by the broader cryptocurrency market sell-off and the Federal Reserve's hawkish stance on interest rates.

The Federal Reserve announced a 25 basis point rate cut on Wednesday, but the central bank's policymakers signaled a more cautious approach for future rate reductions in 2025. Fed Chair Jerome Powell's comments about the central bank not being allowed to own Bitcoin and not seeking a law to change that further fueled the cryptocurrency sell-off.

Consequently, major cryptocurrencies like Bitcoin and Ether experienced significant declines, with Bitcoin briefly dipping below the $100,000 mark. As a company heavily reliant on cryptocurrency mining operations, MARA Holdings was caught in the crosshairs of this broader market sell-off.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1168209726?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-20 01:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1168209726","market":"hk","top_or_hot":-1,"title":"Stock Track | MARA Holdings Plummets 5.02% on Hawkish Fed Outlook and Crypto Sell-off","media":"Stock Track","content":"<p>MARA Holdings, a leading cryptocurrency mining company, saw its stock price plummet by 5.02% on Thursday's trading session, underperforming the broader market. The sell-off in MARA's shares was primarily driven by the broader cryptocurrency market sell-off and the Federal Reserve's hawkish stance on interest rates.</p>\n\n<p>The Federal Reserve announced a 25 basis point rate cut on Wednesday, but the central bank's policymakers signaled a more cautious approach for future rate reductions in 2025. Fed Chair Jerome Powell's comments about the central bank not being allowed to own Bitcoin and not seeking a law to change that further fueled the cryptocurrency sell-off.</p>\n\n<p>Consequently, major cryptocurrencies like Bitcoin and Ether experienced significant declines, with Bitcoin briefly dipping below the $100,000 mark. As a company heavily reliant on cryptocurrency mining operations, MARA Holdings was caught in the crosshairs of this broader market sell-off.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | MARA Holdings Plummets 5.02% on Hawkish Fed Outlook and Crypto Sell-off</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | MARA Holdings Plummets 5.02% on Hawkish Fed Outlook and Crypto Sell-off\n</h2>\n\n<h4 class=\"meta\">\n\n2024-12-20 01:16 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MARA Holdings, a leading cryptocurrency mining company, saw its stock price plummet by 5.02% on Thursday's trading session, underperforming the broader market. The sell-off in MARA's shares was ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MARA","symbol_name":"MARA Holdings","start_time":0,"source_url":"","article_id":"1168209726","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1168209726","pubTimestamp":1734628593,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"MARA Holdings, a leading cryptocurrency mining company, saw its stock price plummet by 5.02% on Thursday's trading session, underperforming the broader market. The sell-off in MARA's shares was primarily driven by the broader cryptocurrency market sell-off and the Federal Reserve's hawkish stance on interest rates.The Federal Reserve announced a 25 basis point rate cut on Wednesday, but the central bank's policymakers signaled a more cautious approach for future rate reductions in 2025. Fed Chai","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MARA":"MARA Holdings"},"translate_title":"股票轨迹MARA Holdings因美联储前景鹰派和加密货币抛售而暴跌5.02%","themeId":"255117e56501aa49f67142dceaa11a91","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MARA":1},"content_text":"MARA Holdings, a leading cryptocurrency mining company, saw its stock price plummet by 5.02% on Thursday's trading session, underperforming the broader market. The sell-off in MARA's shares was primarily driven by the broader cryptocurrency market sell-off and the Federal Reserve's hawkish stance on interest rates.\nThe Federal Reserve announced a 25 basis point rate cut on Wednesday, but the central bank's policymakers signaled a more cautious approach for future rate reductions in 2025. Fed Chair Jerome Powell's comments about the central bank not being allowed to own Bitcoin and not seeking a law to change that further fueled the cryptocurrency sell-off.\nConsequently, major cryptocurrencies like Bitcoin and Ether experienced significant declines, with Bitcoin briefly dipping below the $100,000 mark. As a company heavily reliant on cryptocurrency mining operations, MARA Holdings was caught in the crosshairs of this broader market sell-off.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1168209726"}