Stock Track | Bit Digital Plunges 7.18% as Bitcoin Sell-Off Intensifies Amid Economic Uncertainty
Bit Digital, Inc. , a bitcoin mining company, experienced a significant 7.18% drop in its stock price during Wednesday's trading session, as the broader cryptocurrency market faced selling pressure amid growing economic concerns.The plunge in Bit Digital's shares coincided with Bitcoin's decline below the $97,000 mark, with over $555 million worth of positions being liquidated. This sell-off was fueled by a series of positive U.S. economic indicators that raised fears of potential inflation resu