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Stock impact report

Crypto stocks pare gains as bitcoin retreats from $90,000 rally [Yahoo! Finance]

Core Scientific, Inc. (CORZ) 
Company Research Source: Yahoo! Finance
Other cryptocurrencies also declined. The price of ether (ETH) fell 5.3% to about $2,850 and XRP slipped 4.1% to roughly $1.89. The wider market, measured via the CoinDesk 20 ( CD20 ) index, is now down 1.5% for the day. The pullback hit miners hard. MARA Holdings (MARA) erased gains and is now 4.8% lower on the day, Core Scientific (CORZ) slid 6%. CleanSpark (CLSK), one of the outperformers earlier, gave back all of its gains to trade down 0.38% and Riot Platforms (RIOT) lost 0.7%. Trading and crypto services stocks also cooled. Circle Internet (CRCL), the issuer of the USDC stablecoin, fell 3.2%, Strategy (MSTR), the largest corporate holder of bitcoin, fell 2% and Galaxy Digital (GLXY) slipped 1.9%. Crypto exchange Coinbase (COIN) dipped 0.55%. One standout that remains positive is Hut 8 (HUT), which surged 20% in early trading after announcing a 15-year, $7 billion lease agreement with AI infrastructure firm Fluidstack. It remains up more than 12% on the day. The reversal Show less Read more
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