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0.00215354658172829 0.00326900633813254 0.00294661912529902 -0.00898170774954385 -0.0138175159420478 0.00423616797663335 -0.00833693332387668 -0.0286473277323928
Stock impact report

Bitcoin holds $70,000 floor with strong ETF inflows as bitcoin mining stock prices fall [Yahoo! Finance]

TeraWulf Inc. (WULF) 
Company Research Source: Yahoo! Finance
Bitcoin held a $70,000 price floor in early morning trading hours on Thursday amid geopolitical conflict in Iran, while bitcoin mining stocks dropped at the market open. Applied Digital (NASDAQ: APLD) dropped 5.50%, Hut 8 (NASDAQ: HUT) fell 5.44%, and IREN (NASDAQ: IREN) decreased 4.76% to start the Thursday session. The broader week remains green for the sector despite the morning pullback. The #1 podcast for emerging tech stocks, Bitcoin, and weekly news analysis. Subscribe to the Blockspace Podcast here, on Apple, Spotify, or anywhere you listen to podcasts. QCP Capital outlined the strength of bitcoin as a safe-haven asset during the escalating conflict in Iran. Traditional risk assets struggled while oil prices initially spiked above $115. The price of oil settled lower, and bitcoin maintained its position around $70,000. Crude oil traded at $93 per barrel on Thursday morning, according to Bloomberg market data. BTC ETFs provided continuous capital inflows to support the Show less Read more
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