HIVE Digital Technologies Ltd is trading 5.1% down at $3.55 as the recent rebound in crypto-linked equities loses momentum and broader risk sentiment weakens.
- The decline follows consecutive drops from $3.96 on June 8 and $3.74 on June 9, signaling a sharp pullback from the stock's prior crypto-driven rally.
- Investors appear to be taking profits despite relatively stable prices for Bitcoin and Ethereum, reflecting increased volatility and cooling demand for crypto-adjacent assets.