Stock Track | MARA Holdings Plunges 5.10% in 24 Hours Amid Broader Crypto Selloff

Stock Track

Feb 28, 2025

In the cryptocurrency market's overnight trading session, MARA Holdings, a leading crypto mining company, saw its stock price plummet by 5.10% amid a broader selloff in the digital asset space.

The decline in MARA Holdings' share price is closely tied to the recent weakness in Bitcoin, the world's largest cryptocurrency by market capitalization. Bitcoin dropped below the $80,000 mark, registering a 6.44% decrease over the past 24 hours and hitting its lowest level since November 11th.

As Bitcoin and other major cryptocurrencies fell, the ripple effect was felt across the crypto-related stocks, with MARA Holdings and its peers, such as Coinbase, Riot Platforms, and CleanSpark, all experiencing significant losses during the overnight trading session.

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