🔴 Cipher Mining is trading 10% down today as rising yields pressure technology stocks

Cipher Mining is trading at $16.64 (-10.05%), primarily as macro and sector pressures weigh on technology and crypto-related equities.

• Bitcoin is up 0.71% since the previous close, so crypto weakness is not driving the decline; technology sector ETF XLK is down 2.85%, while the Nasdaq is down 1.40%.
• Rising long-term Treasury yields, higher oil prices, and renewed U.S.-Iran tensions are pressuring technology and crypto-related equities; no fresh company-specific announcement was identified for August 18, 2026.
• Recent second-quarter earnings concerns remain background context, not a new catalyst.