IREN is trading at $35.73 (-2.4%), extending yesterday's close amid broader market weakness and tech rotation.
- The broader market is weighing on sentiment, with the NASDAQ down 1.21% due to mixed macro data.
- Cryptocurrency peers show minimal movement (BTC +0.23%, ETH -0.85%).
- Volume is significantly lighter at ~6.5M shares compared to the 37.5M average.