🔴 Marathon Digital Holdings is trading 5% down as Bitcoin and major cryptocurrencies decline

Marathon Digital Holdings is trading 4.92% down at $10.43, likely pressured by Bitcoin and broader cryptocurrency declines.

• Bitcoin is down 2.91% since the previous close, alongside declines in major cryptocurrencies.
• Crypto reports link the selloff to higher oil prices and Treasury yields, a firmer dollar, and leveraged long liquidations. Ahead of Federal Reserve minutes, broader markets are lower amid renewed oil-supply concerns and rising yields.
• No clear company-specific announcement explains the move; available evidence points to crypto weakness and risk-off macro sentiment.