🔴 Core Scientific, Inc. is trading 4.8% down today as crypto and tech sell off

Core Scientific, Inc. is trading 4.8% down at $25.86 as risk assets retreat following yesterday’s rebound in both crypto and equities.

• The drop aligns with a broader pullback in Bitcoin, which has fallen over 4% in the last 24 hours, alongside a sharp reversal in U.S. tech indices.
• The move appears to be primarily macro- and sector-driven rather than tied to company-specific developments following the recent BTIG price-target hike.