Bitdeer Technologies is trading 10.3% down today at $10.18 following sharp declines in major cryptocurrencies and a broader risk-off sentiment in the technology sector.
- Bitcoin and Ethereum have dropped approximately 3% and 4% respectively over the last 24 hours, placing significant pressure on mining and infrastructure stocks.
- The Nasdaq Composite fell over 1%, amplifying sector-wide selling in crypto-related equities as investors move away from riskier assets.