Bitcoin price continues to stay below $72,000 USD, with weakening market demand, investors beginning to sell off positions, and limited upside potential in the short term. On-chain activity and mining hash rate have declined, miners' profitability has weakened, and market concerns about miner sell-offs are intensifying.
Cipher Digital (CIFR) stock rises about 9% in pre-market trading following the signing of a 15-year data center lease agreement with a major customer and securing a revolving credit facility of up to $200 million, which will facilitate the development of its high-performance computing facilities and strengthen its position as an AI infrastructure partner.